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I'm purchasing a duplex and just went into contract. I will be owner occupying it to buy and hold long term. I want to do the Homestyle loan because PMI burns off. I also want to keep the loan as it will be a lower in...
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Hello BP Family,
I am in need of an attorney for estate planning .......Do I need to obtain an attorney in the state I live (N.Y) or the state (N.C) where my rentals are?
Thanking you in advance for your feedback!...
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Can anyone tell me exactly what part of sec 469 of the tax code that explains what qualifies you as a real estate professional? I am having a disagreement with my CPA. He says that you have to have a 7 days or less on...
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Hi guys, I’m looking to invest in my first deal and I have acces to capital from family and friends that live in Europe. I was wondering is there any difference from taking private money from US and what are some thin...
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Any scenarios where you can advertise to private lenders through facebook?Sometimes we have scenarios where a small amount of money is needed via private lenders to take on or do a commercial investment project. I thi...
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Hey guys,One of the properties we are getting rid of closes within the next 30 days. $360k will be capital gains profit and I need to find the best way to reinvest (flipping & buy/hold) without taking a huge tax h...
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My neighbor has had 2 trees fall on my house in 2 months. He says it's my problem and won't even help with my deductible for what is now 2 separate insurance claims. Legally he is correct. In the state of Florida, ...
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Hey! I used a HELOC for property expenses. Is the interest on that HELOC a deductible expense against that property's income?
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Can you still be considered a real estate professional while using a management company for AirBnB? I want to use the losses to offset my W2 income. Thanks
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Good afternoon, I've received a bid for a new construction project (roughly 100 units Multi-Family in suburban DFW) on free and clear land. I had a number in my mind prior to beginning the work on bidding / planning ...