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I have my first rental under contract. Though I understand taxes in a general sense and what to do for my own house I'm in the dark when it comes to whats different for rental properties. What are got strategies to lo...
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Hi All,I found a friend in my martial arts class that has been in real estate for 10 years. They are raising capital for a 506b (family and friends unaccredited) hybrid deal (in another state) that includes an apartme...
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New to investing and have a question on financing LLC owned properties. My husband and I bought our first property in May. Our plan was to rent it but now it looks like we will be selling it due to an offer we just ca...
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Hi there,
I am very new to this field but after five months of shopping, I am under a contract with SFH and got the inspection last week. I am already overwhelmed and need experienced investors' help.
The house ...
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First time posting to the BP forum. Have to send a big THANK YOU to all of the folks sharing their experiences and information in this community. Very much appreciated.I am in the middle of a 1031 exchange, having jus...
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Hi my name is Brett. I currently own a home that I live in with my family of 3, we have about $80k in equity and our mortgage rate is fixed at 2.62%. I have about $20k I could put into a deal myself of my own money. W...
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A friend who has a rental property just told me that his rental was ruined by a mom and a daughter tenant who never mentioned they have two giant dogs when they applied for the house. He did mention in his Ad “ no pet...
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How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not...
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Pros and cons of renting to people you know? We have some interest from a few acquaintance/friends about our rental. We’re building a business and this is our first owner occupied duplex. What are some tips to keep th...
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I am struggling with the structure for an opportunity zone fund so want to get your thoughts on this structure. I have personal funds that I will invest in an opportunity zone fund. I also have a parcel under co...