Mack Fleming
Real Estate "Dealers", Installment Sales, Deferred Taxes, and the IRS
The IRS does not allow real property Dealers to use the Installment Plan method of accounting. This means that if the Dealer does an Owner Financed sell, he/she is responsible for the tax liability for the entire pape...
Henry Clark
Self Storage- Cargo Containers February 2023
Question: How many of you make $120 per month on your investments? Original investment say $4,500 all in. No maintenance costs. No cleanup costs after a renter leaves. You can evict them in 60 days. You can writ...
Matthew Schroeder
Denver (What Would You Do?)
Dear Denver BP Community,What would you do with this Denver property?We own a property in the Clayton neighborhood in Northeast Denver, about 10 blocks north of the Denver Zoo (36th & Cook). It is a decent sized ...
Leon Lee
Strategies on renovating a rundown beachfront motel
Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
Edita D.
Penaltiies due to owing IRS in backtaxes
Hey guys!I submitted all requested paperwork to our accountant on March 30th, 2016. When I had my appointment, I explained that we need to ensure to submit the taxes ON TIME as we may owe in back taxes, in which case ...
Corbin Jones
Design & Development in California
Hello Community! The intersection between architecture and real estate development is where I have spent the past three years of my life, researching and designing in an academic setting, and now I am ready to put my ...
Natalie Hahn
Where to invest in Bay Area new construction?
What are good locations in the Bay Area if you want to invest in new construction rental properties? The focus would be on appreciation, low maintenance, low vacancy. The cheapest areas I've seen just browsing around ...
Paul Dworianyn
Need advise on how to get out of this property
Hello everyone, I’m looking for advice on how I can get myself out of a property. I’m not interested in finishing the flip myself because I have successfully got myself into the Business Owner section of the cashflow ...
Mark Boek
Stop HOA from hi-jacking my owner finance deal
I have recently provided a few options to an out of state seller who is ready to sell the home of his deceased mother. It's a nice row home in a 55+ senior community. He likes the seller financing offer of $23K over m...
Steve Rhine
General Contractor or Manage your own Sub-contractors
Hello, I'm an investor from Tulsa Ok and I have a question for the rehabbers out there. Does it work better for you to hire a GC to oversee the project or do you have better luck hiring subs and managing it all yours...