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Hi!I've had my license for over a year and work with a well known national brokerage. However, I don't feel like they are geared toward investing or helping agents grow through investing and have gotten most of my kn...
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My client is a landlord and developer. While he is very skilled as a dealmaker and house-flipper, his property management is obsolete. He runs much of the business in the same way as he started about 40 years ago. We ...
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BP Family,Seeking some unofficial advice and definitely plan on validating with a CPA before execution. I have a property in Florida that i am trying to avoid paying CGT on. I would like to do a 1031 exchange and purc...
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What can I do if I did not claim depreciation on some years of my rental property ownership?Is there ever any benefit to not claiming depreciation?If I plan to own a property very long term, would it be more beneficia...
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The following points are based on personal experiences whenever I deal with foreclosed property for a client/investor or for my own purchase. Being a licensed Realtor affords me little advantages when dealing with li...
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I put a bid in on a house in mid-December and the bank finally asked for a BPO in Mid-February and I think a loss mitigation analyst has been assigned to this file in late Feb.
Today I was given a contract addendum f...
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@Dave Foster because I know he'll have some insight, but I'm curious to see what others think as well.
On another forum (not BP), someone posted that they were able to do a 1031 in reverse by:
1. Purchasing a proper...
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I have several rental properties that I along with a very small team manage but have been running around the idea of starting a PM company and managing other people's rentals along with my own. Long term I want to be ...
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Looking for some advice on a rather unique situation - I have a buyer looking to purchase a property they fell in love with for $1.75M using a 1031 from a $2.4M property, however the seller is unwilling to accept any ...
What's up BP, I will soon be working with attorneys and a CPA, so I have a few questions about hiring and communicating with them.
I already have some basic questions involving working together but outside that I am...