H. Jack Miller
Subject to Financing- Investing
15 September 2024 | 6 replies
Do I use subject to, yes, I made my first million using subject to, buying pre-forclosures.
Marc Shin
how to people who manage STR's track "Active Material Participation Activities"?
15 September 2024 | 5 replies
Real Estate investing and management of all my properties is all I do.
Eric Mcginn
Third floor fire egress
14 September 2024 | 12 replies
@Eric McginnI’ve had this same problem at my first three family.
Alex Silang
How to negotiate DSCR lenders down
16 September 2024 | 4 replies
As standard practice I offer my best pricing the first time to not have to go back and fourth like a car salesman to win business.
Melissa Wongkamalasai
Chicago Multifamily CoCROI
14 September 2024 | 8 replies
@Jonathan Klemm thank you for the response.I’ve been looking in Humboldt Park mostly since I am very familiar with the neighborhood and its in my purchase range.I do not currently have any investment properties - just been analyzing deals.
Grant Baker
Investing with partner - Tax advantages
6 September 2024 | 7 replies
But for the unit you’re living in, you can’t do that.2.50/50 Split: Since you’re splitting expenses down the middle, make sure you both agree on how that’s going to work, especially since your unit won’t be bringing in rent.3.Your Unit: You won’t get to write off depreciation or rental deductions for the unit you’re living in, but you might still get homeowner perks like mortgage interest deductions.4.Partnership Stuff: Just make sure you and your partner are on the same page about how you’re splitting costs, income, and who’s handling what.Might be worth chatting with a tax pro to make sure everything’s set up right.
Kaiden Batzler
Cash on Cash Return for Fourplex Question
14 September 2024 | 9 replies
Hello all, I am newer to the BP community and recently just kicked off my journey as a real estate agent in SW Montana.
Nina Penuela
What do you think makes a good property manager?
14 September 2024 | 32 replies
I self manage my units so my views are more related to the actual work of property management rather than communicating results to property owners.The most important factor in successful property management is not a personal quality or trait, it's having EFFECTIVE processes in place to support the business.
Marijuana (MP) Vandyck
Can anyone confirm is capital gains taxes will be waived in SDIRA Property Divorce?
16 September 2024 | 8 replies
As I mentioned in my post, they are speaking with their tax professionals (and they both have lawyers).
Michielu Menning
Anyone heard of Skyrocking Capital Solutions?
14 September 2024 | 8 replies
Where do I send my application fee?