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I'm looking to start my career off as a wholesaler in Indiana but I am very confused on what contract to use. I looked in the "resources" and "fileplace" but there is so many contracts that I don't know which one to u...
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Earlier this year, the IRS issued guidance extending the time periods for individuals currently in a 1031 Exchange due to the Coronavirus pandemic. IRS Notice 2020-23 provides that those performing time-sensitive acti...
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HI All,I'm confused about something that I'm hoping you guys can help explain.I've heard that generally when you are buying a primary residence that the interest one only 1million dollars of your loan would be tax ded...
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I inherited a property from my father. He still has a mortgage that I am paying on now. The deed is in my name, but the loan is not. I want to take out a HELOC would I have to have the loan transferred to my name? And...
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Hi BP members,Can anyone please clarify the difference between cash flow and NOI? At first, I thought they both are the same thing until I started researching up on other stuff like the term Cap Rate, which confused m...
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Im a investor that does flips in Cleveland Ohio. I’m wondering if anyone has any recommendations for project managers with contractors in Cleveland? Thank you
Good Morning :)Hopefully I’m posting this in the right forum. My question is regarding Roth IRA contribution limits. I have been maxing my pre-tax employer 401k and was wanting to max my Roth as well when I noticed th...
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I've been looking at properties all morning and I've found a few that are only being offered to accredited investors.
I'm curious what the reasoning is behind offering a property to only accredited investors, versus ...
Hello everyone, newbie here in the real estate investing world. I am struggling with deal analysis. For example, I am looking into the Macon, GA area to test out what I have learned recently. I am using the platform p...
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Hi,Situation: Bought condo in 2019 for $238k and made $10k of repairs over 4 years. Rented out the condo (valued at $310k) in 2023 (this year).Question: What would the total value be that I get to depreciate ove...