Ben Givens
Best way to rent to son
My wife and I are buying our first investment property. Our son will be living there to attend medical school over the next four years. It's a four bedrooms house, and he has already found three roommates each of who...
Jovan Dinnall
Question on Tax Liens
What is a good source to find utilities liens in the state of Florida? What is the due diligence process for a utilities lien?
Joseph Hernandez
Double Closes and Income Taxes
Newbie question. As a wholesaler, if I utilize a double close, how will this strategy affect my income taxes? What's the bottom line, will I pay more taxes than I would if I did a traditional real estate transaction? ...
Sharon D.
Converting personal residence to rental--tax questions
We bought a home in 2016. Moved out in July of 2021 and started a very drawn out rehab project. Finally got the place listed as an STR in December of 2022 and have been booked solid ever since.At what point do I sta...
Jacob A Clark
25 unit Multifamily Chattanooga
Currently in the process of underwriting and finding equity partners for a deal our team sourced in Chattanooga. It's 25 units, off-market (we are direct to seller on it) and is a value add opportunity. Class B-/C+ pr...
Account Closed
Am I Too Conservative
[Originally posted in the wrong forum]I've found that after I take into consideration my contingencies seemingly good deals on the surface don't look so attractive any more. I wonder whether my assumptions/budget is ...
Adam Sankowski
Anyone w/ solar company recs in KCMO, Kansas City? Independence?
Hey I'm an OOS in KCMO and I'm looking to put solar on my rental. I don't want to hear about how I shouldn't do this ha... but instead anyone with any solar company recommendations?!?!I've gotten one quote but would l...
Michael Overall
Utilities and Interest during remodel Basis or year deduction
Good day, I bought my first 2 properties in 2024. I purchased then started the remodel before trying to rent. One was completed and rented in OCT, the other I am not done with and will be in service Feb 2025. I under...
Rico O.
First Four Plex Offer
Hi every one, I have the opportunity to make an offer on a bankruptcy case. There are multiple offers on it at this time so my question is, what should I offer if the asking price is 300k and the property is not in ba...
Phil Petite
Solar Panels for Rental Homes?
Hello, BP Posters! :)Does anyone install solar panels onto their rental properties? My tenants pay for their own utilities, and I own homes in Memphis, TN, but I was wondering if this was a solid strategy for tax bene...