BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...
If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
I have a few questions about this strategy. For a beginner with zero experience with BRRRR method, is it best to steer clear of this investing strategy if the investor has zero out of pocket money to come up? This mea...
I'm about to make an offer on a house with cash and I hope to refi the cash out immediately after renovation. I learned that you can get a conventional loan called "Delayed Financing" loan. However, this loan can onl...
Would anyone like to share their thoughts on the effectiveness of cold calling, Facebook ads, and virtual driving for dollars in obtaining off-market deals?
I sold a house with owner financing. Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments. How would you record the journal entries for this type of transaction in cas...
I’m managing a 5 unit building and my owner has asked if there is anything we can do to help with the excessive cost of water and trash. They inquired about submetering but I’d like to know if anyone is using RUBS, i...
Alright. I am tired of people complaining about the BRRRR method. I just read a 3-page thread where the majority of posters were complaining about the BRRRR method not working or being too risky. So let me share with...
Good Evening BP Community,My partner and I are beginning to farm our territory and just recently purchased leads from a title company as our first step. We live and work in Washington State and are wondering what othe...
one of the best parts about real estate is that you get to leverage your money. Put down 20-25 % and finance the rest. It makes sense. You can't get this kinda leverage in the stock market though the stock market is...