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I bought my first rental property last year and I am trying to write off as much of the expenditures as I can. We had a lot of expenses going in, closing costs, repairs, and improvements. Our total expenses outside ...
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Good morning from NY;My scenario for the day is this : I have been speaking with a highly motivated seller. We had an great connection from the start, we like each other, and he needs help right now. He owns 2 homes t...
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I'm a retired accountant that has been interested in tax liens for over a dozen years. At one time I worked part time selling Arizona tax lien investment opportunities to small pension funds. This was when we could ge...
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Are town homes a good buy and hold investment?
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Great afternoon BP fam🫡.1, When self managing, do you pay yourself a fee? 2, if you do pay yourself a fee, is it considered an expense (tax purposes)? 3, if you do pay yourself, do you have to set up an entity to legi...
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Hi,I am a new real estate investor and who is looking for advise from the gurus here. To start with i am looking to f purchasing and maintaining some rental properties and purchasing and flipping investment properties...
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I currently have a home under contract in Baltimore and I first off just wanted to thank everybody that I've spoken with personally or have learned from on the forums. I was wondering if anybody had any thoughts on ou...
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I am a little curious of how to find the price of some costs. for example, how would i know what the property tax is in my area? if i wanted to know escrow fees and other stuff, would it be ok to just call the company...
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I am the Administrator of an estate in California. Part of the estate is the home of the decedent which has a reverse mortgage on it and is underwater. The agent has a cash buyer and has initiated a short sale with HU...
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I think this is the right forum for this question. If anyone in this group has experience with forming long term partnerships with other wholesalers that you get into business with via an llc please reach out to me. C...