I'm brand new to Real Estate investing, and hoping to get some advice on a few markets that I should consider looking at (for buy/hold strategy). Also would be curious if you have any suggestions on a price range I s...
How does one set up a real estate partnership so if that partnership eventually sells, each member can 1031 exchange their individual share at a future sale?(It is my understanding that typically partners cannot 1031 ...
Hello everyone, my name is Daniel Kim I am 21 years old about to graduate from Arizona State University with a degree in Finance. I am a new BP member and am looking to buy and hold properties here in Arizona. For now...
Hello BP nation! My CPA retired in 2017, and I'm in the process of looking for a new one. Does anyone have a recommendation for an accountant (preferably that is an investor him/herself) that can help with my schedu...
Hello,I have a unit that was marketed as a 3 bedroom but can be made into 4 bedrooms (one room just needing a closet). The unit only has 1 bathroom and it is small with a small kitchen. There is a spacious living room...
This goes out to the CPAs/accountants...if I'm selling a property that will realize capital gains, and I decide to provide seller financing, does the IRS recognize the sale for purposes of the 1031 timeline starting a...
Hello,
Great to be here, as a newbie - so much good information! Hoping to gain some clarification/insight, as I must have missed something: I don't see how to carry a newly rehabbed property for the typical 13 mont...
Hello!Can anyone recommend some good CPAs around the Metro-Detroit, Michigan area?I am looking to speak with someone that can help with my taxes and accounting practices. Ideally I would like it to be someone who has ...
I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.
Here's a brief overview of my situation:
Property Value...
I am a wholesaler and lately I have been driving for dollars to find good deals on houses. I take pictures and I send them a letter. I did't get any call backs after sending 200 letters. What am I doing wrong? Does ...