Wilson Liu
Place LLC interest in living trust?
Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Jeanelle Ignacio
Strategies & Tax Implications for purchasing commercial property from parents
This is my first post for some insight on this great forum...and it's got a ton of moving pieces.My husband's parents own commercial property (free & clear/no mortgage) on a large lot that has a board and care (as...
Derek Whitener
Tax implications of "Investor" vs "Dealer"
I have house hacked a few times now where we buy a foreclosure, renovate, then sell a house at the two year mark so taxes have not been an issue. We now want to flip a house on the side, outside of our primary residen...
Tom Broughton
Pros/Cons of adding a disposal and diswasher to rentals?
I appoligize if this topic has been posted before, but I could not find it in a search. I am also a newbie.
I am planning the remodel of a House with apt and need your advice.
The property is 1.5 miles from Downto...
Bruce L.
Rent or buy while saving for multi fam
I found a single fam property which if I bought it would cost me less on a monthly basis to live in than typical local rents.
However, my goal is to purchase a multi family property. I'd like to start off with at lea...
Adam Chabaane
steps I can take so I can start investing in R.E. right out Uni?
So I am 20 yo and I graduate later this year with a Computer Information Systems major. I have a 740 fico score and I am still working to build my credit as high as possible. I am also saving up as much cash as I can....
Caiti Nelson
New to BP and renting out a home
I am new to BP and I am thinking about buying a new home and renting the one I am living in currently. I have never rented a home before and not sure of how to go about it. Any information I can get would be helpful. ...
Tiara Ferguson
How should I use $100K to maximize profits?
Hello guys! I am a 34 year old woman in Ohio pending a divorce and will have about $100k to start over and rebuild when the dust is settled in a few months. I've dabbled in several investment types with limited succes...
Matt Hubert
DSCR Rent appraisal - Montana
Hey all! Looking for some others experiences with rent income appraisal for qualifying a DSCR loan.... Have been under contract on a studio condo with DSCR loan and 25% down. Sales price appraised but the rent incom...