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Depreciating a Cheap Renovated Buy-and-Hold Tax Sale Property
Newbie here and appreciate all the input and advice I've been passively soaking up.I have a question about what tax benefits through depreciation are available to the real estate investor who purchases properties for ...
Brad Gilboe
Does hard money make sense for this situation?
Hey All, I am a realtor and have a client who is looking to improve his property prior to selling. He has no income because he is taking a new job out of state after he sells in 4-6 months. He currently has a 1st an...
Nick J.
A How To section
Josh, what are your thoughts about a "how to" section. Full of articles, pictures, videos etc..
things like how to install a dishwasher, install/replace a ceiling fan, toilets. Even some basic plumbing and electrical...
Jerrmarco Rhodes
My possible first self storage deal
Hello all. I am a newbie to commercial real estate investing. I am focusing on self storage units and have come across what seems to be a good deal but I need some help to analyze it and make sure its solid. Thank you...
Joe Sampson
How to calculate "purchase price" of a BRRR? Depreciation?
I'm going to be getting my money out of my first BRRR this week & am hoping to have the next under contract this afternoon.
My question is how does one calculate the "purchase price" for the BRRR and if we have a...
Ryan N.
Taxes to sell rental property
Looking to see how much in taxes I would pay to sell house.Paid=$123kSelling=$180kOwe=$89kLocated in NCOwned house 16 years but have not lived in home in over 6 years.Got ruff estimate on how much in taxes I will have...
James H.
Business Retirement plans and deductions
Hello. My fiance has a house in her name that she would like to rent out in the near future. I've read about transferring to an LLC but most of the conversations deal with liability and not tax, which is my primary co...
Franc B.
Rehabs for remote investors: top 3 rehab projects that typically add value?
I'm a remote investor starting out in middle GA. I am still trying to assemble my rehab team - it's terrifying thinking you're not there personally to oversee contract work! But my question is, as a remote investor, f...
Nick Troutman
Can you BRRRR if you currently have tenants
What are the best ways to try and BRRRR while you have tenants? Can you work to rehab a property if there are current tenants in the units?Thanks for all your advice BP community.
Charles Hinson
Sales Tax on proceeds of sale?
Hi folks,I'm working on a Flip (my 1st property) with a JV Partner in Albuquerque, NM. I'm having a discussion with my accountant at the moment about sales tax. He's my personal accountant who I'm trying to convert ...