Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Brandon Turner
Have you done a 1031 Exchange? Let's talk!
Hey BP Nation! I'm writing the world's best post on 1031 Exchanges. Maybe I'll put it in my next book. But here's the problem: I need you. You see, I need some good stories to go with the post. So, if you've done a 10...
Emily Ziemba
Tenant 3 months late on Rent, worth it to try and evict?
Hi! My husband and I own a single-family in Shoreline, WA. Last year, we accepted a job opportunity in CA, so we decided to rent out our primary home for the foreseeable future. I didn't have a great time finding tena...
Daria B.
Seller and I are at an impass. :-|
I offered on a property done by rehabbers. They want to make their profit and I want to make my returns. Originally, they priced the house at $94,900, someone else offered and financing fell through. I don't know if t...
Matt Ransom
Today's plan: make an offer
Today's the day... While the deal may be small, this is a big day for me. I have been reading REI for years and studying the local market. After getting in a more stable financial position (and with bank pre-approval ...
Aubrey Ford
To handyman, or act as my own GC, or spend for the GC?
I purchased a "mostly" cosmetic fixer upper to live in for the next 12-18 months. The entire house needs a makeover and a few fixes. I am not handy in the least, nor does my W2 job allow me the time to do the work my...
Brandon Schlichter
Started out with $25k 5 years ago, now I have 90 rentals!
I posted this elsewhere but figured I'd share my 5+ year ongoing story of buying rental properties to encourage members here. Personal Background
Most of my childhood was spent growing up inside a tenant house on a...
