I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
For those of you who haven't already heard the news, there is SDIRA-Killing Legislation in the House Tax Bill. Tax Attorney/Investor John Hyre, has put together a website that describes the impact of this bill on all ...
I am the co-broker for a multifaceted brokerage with over 50 agents. We specialize in working with investors and provide in-house lending, including VA loans. We are constantly sending out educational trainings and ma...
Hey guys how do you think this Bailout will mess with our ability to
Negotiate with Banks and Sellers? Too early to tell? Any thoughts what floor on prices will result? Are 2nd's protected by this bill? ...
Good morning BP!So I want to try and buy my first note. I don't really have that much capital, but I want to start out somewhere and learn what is all involved. I am already registered on fciexchange.com, but really h...
Hey BP!
It has been pretty easy lately to talk about and focus in on all the negative aspects that COVID has placed on lives, and how it may change the way society and the RE industry operates in the future. Cap this...
I bought 3 rentals in 2018. With the new tax law I can deduct all rehab costs AND I can deduct the value of things like floor cabinets etc. (about 15-20% of the total purchase price of each unit!) which is a big deduc...
Alright folks, new to BP and this is my first post. As Brandon Turner has encouraged in the first book of his that I am reading "The Book on Rental Property Investing" here I am posting to the discussions forum. My wi...
URGENT HELP NEEDED!My husband and I bought a SFR that was a rental. The sellers gave a 30-day notice to the tenants and it asked them to leave by 5/9. The title was recorded 5/11 so from that the tenants legally have ...
Hi BP community. Wanted to put up a question to get some suggestions from landlords who might have gone through a similar situation. I am dealing with a non paying tenant in Massachusetts.She is a single mom who mov...