I invest mostly in single family rental properties but I was approached by someone with experience flipping homes for the company he works for. This is someone I have worked with for quite some time and I trust his kn...
I just recently purchased a 2 acre parcel for very cheap that can be split into 4 lots if I would like. Also, I am currently going for my builders license mainly so that I am more familiar with the building process w...
Hey BP - I'm looking for some advice on potential tenants I am screening. I have a couple applying. They are not married.One of them meets all income and credit requirments having a 729 credit score. So by themself...
Hey BP,
These will likely be silly questions but I'm a noobie having a little trouble finding answers online. we plan on hiring a CPA, but I'd love to understand some of the basics. My brother and I are 50-50 owners ...
Hi everyone,I'm currently under contract for 2 SFR units on 1 deed in Norman, Oklahoma and would value your advice as their are a few elements that are new for me.Analysis snap shot below. Typically we are focused on ...
I'm working on a partner deal and we want to buy several properties. They will fund the 20% down on all of them and I won't bring any cash to the table. We are wanting buy & holds while I manage them as short term...
I am considering partnering on some real estate deals. I understand the 50/50 split for cash flow etc. Though how do we share the tax benefits from real estate?
Thanks BP for all your help during my investing journe...
Disclaimer: I am not a tax professional, and you should talk to yours about the tax strategies that would work best for your situation.Flipping properties has been one of the most popular ways to profit from real est...
Hey guys, just bought my first home in May of last year. Have got it rented out and living in it with positive cash flow. I'm looking to buy another house ASAP.
My question is how to minimize my taxable income this...
I currently own 5 SF rentals with a partner. All conventional financing... some houses in my name and some in my partners. Is there a strategy that would allow us to each claim half of the income and half of the mortg...