Levi T.
Picked up two deals đź‘Š
Market in northern Virginia has been HOT. Prices have been up-up-and-up all around, but we lucked out and picked up two really good deals in northern Stafford and Spotsylvania this month, both for sub 100k. Not flippi...
Taron Wright
House Hacked a Single Family
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $199,000
Cash invested: $15,000
Sale price: $360,000
Bought as a house hack and rented out 3 of the bedrooms. S...
Alex Martinez
Chicago Porch Question
Hi all. Looking for some input on steel vs wood rear porches with decks.
For a multi-unit rental property in Chicago, is it worth paying more for a steel porch over a wood porch? My understanding is that both will re...
Chris Parsnow
Roof Rejuvenation in Virginia
Hi All,I joined a few years ago when I had investment properties which I have since sold. My new venture is as a Roof Maxx roof rejuvenation dealer operating in Central Virginia from the Shenandoah Valley to Richmond....
Desmond Fitch
Seller Financing Interest/Principal Taxes
On episode #334 of the BP podcast at 55:45, Ben begins explaining the difference between taxes on interest and principal for seller financing. I've listened to the clip over and over and I keep getting stuck on a few ...
La'Terrius Campbell
Wholesaling Real Estate
What’s the ideal amount of cold calls I should make a day? And how long did it take for you all to get your first deal? I just wanna see some motivational posts.
Clive Smith
Parent and child llc tax question
Parent llC in wyoming - 50% owned by me and 50% owned by my spouse
Child LLC in North Carolina - 100% owned by parent LLC
We brought one 5 unit property in NC in 2021 using Child LLC name as owner and paid cash.
P...
Joel Brown
Consequences of moving into your rental after months/years
So, If I purchase a single family house (that I really like) and I rent it out for a few months (or years) then I move into it. How is that treated tax wise (IRS) and investment wise (I may put in an LLC). I obviously...
Johan Specht
Transfer property title from LLC to personal name, Taxes?
Hi, I opened an LLC and bought 1 house under its name 3 years ago, the house came with the tenant included. I don't need the LLC any more and would like to close it and transfer the house title to my personal name (th...
Greg Rusianoff
Capital gains on tax lien sales
In my state, tax lien redemption is 1 year. If the property redeems in 1 year, and you get your money back and interest in longer than 1 year, can I treat the interest as a Long Term Capital gain?Also, if I get the de...