Tess Fike
Long-Term Capital Gains Deductions
My husband and I purchased a home that we used as our primary residence in June 2020 for $182,000We are now selling it for $295,000 in July 2021We currently fall into the LTCG category of 15%Our new home is being purc...
Victoria Winters
Hotel Development - Anyone Involved in this business?
I am interested in getting involved with larger projects, hotels in particular. I would like to know if there is anyone in the BP community is currently involved in rehab or development of smaller hotels. What advice...
Patricia Luna
Roof replacement dilema
My tenant notified me that there was a leaking in a room, that they use as play room. It had been fixed twice and the last time the roofer told me that a new roof was needed because the roof in that area has too many ...
Michel Allen
Multifamily and Syndication investing
We are looking to add bigger multifamily properties to our portfolio and we wanted to create a group with about 2-6 investors. I know with syndications you need certain legal documents in place, does this apply to an ...
Marquette Richardson
Selling property in Hawaii
Hello BP family!I’m active duty military and purchased a townhome in Hawaii Jan 2017. I’ll be relocating to Germany but I’d like to rent the property out. There’s only one thing! I was recently told that if I’m not li...
Benjamin Von Blon
Architect in Columbus Ohio
Hello everyone,Does anyone have a reference for an architect in Columbus? I am looking at the possibility of having a duplex rezoned as a triplex. I met with the city and discussed the process for the conversion. The...
Andre Key
Design My Flip
As an investor I wont pretend to be an expert in everything, like for example if I need to install some new fixtures I can get my ladder or step stool and knock that out with no problem, but if I need to rewire a circ...
Kyle Neff
Living off investment earnings
Hello BP Community,General question regarding using some of the cash flow from REI to fund monthly expenses. As an example, if I have 10 properties each bringing in $1000/month net for a total of $10k net monthly REI ...
Chris Hock
Combine rental biz with a non-rental (non-passive) biz for tax?
Say I'm a freelance consultant in a non-RE related industry where I bring in a lot of income but have very little tax deductions. Say I also have a rental property that is generating low income but it has a lot of tax...
Belinda Rodriguez
Connecting a Home Buyer and Cash Investor
I am considering acting as a consultant to connect a home buyer with an Investor for a small consulting fee. My service would include assuring that the closing goes as agreed. Would this be legal If the Investor choo...