I did some research on this new Opportunity Fund Zone tax benefits. Below are some notes and ideas. Note I'm not a CPA or attorney just putting it out there to help inspire some ideas.
An Opportunity zone (OZ) is ta...
Hi BP community! I am a newbie to vacation rentals - helping my mother and father turn their beach home into a rental to help subsidize (likely, soon) assisted living/nursing home expenses. Their property is in Sout...
I have properties in my personal name with conventional financing. A few of them have conventional mortgages so I am well under my limit. I am in the process of purchasing a 4plex cash and was planning to use an ...
My tenant couple is in process of separation. The husband wants to be excluded from the lease and won't have any obligation in the future. If they both are agreed to this procedure, what is the proper documentation I ...
There is a 4 story building in the middle of downtown Orlando that will be up for sale in the very near future. Asking price is 4.2 million and it's 42 thousand square feet. The owner thinks whoever buys it should tea...
I don't know how to fairly split the profits because the hard money lender is giving $40,000 cash for the down payment on a $545,000 apartment complex. (We will be assuming the remaining $123,500 to make 30% down.) Th...
Hey Everyone,
This is a long one but I have some exciting news so bear with me!
I am 24 with 2 multifamily deals under my belt (5-units total) and am itching for the next one. I got my real estate license and bo...
I’m getting to the point that I would like to start using a private money lender. Talked to one through another forum. But got the feeling it might be a scam. Any tips or recommendations are greatly appreciated. Tha...
My LL and I agreed to term our lease early so that my wife and I could buy our own house. We gave her plenty of notice and kept her in the loop as to when we were buying a new home and when we were moving out of the r...
I recently bought my first home and live in it with 2 tenants. With their rents, I have enough to cover the mortgage and am left just with taxes and insurance each month. After reading Rich Dad Poor Dad, I am not sure...