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I am in the process of closing on my first deal and I can't stop thinking about lining up financing for my 2nd!
Here is my situation:
Starting on May 1st 2012 I rented two spare rooms in my personal residence. I had ...
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Hello BP Community, I'm considering buying a Turnkey property and have a question about inputing numbers into the "Rental Properties Calculator" here on BP. The information given by this company has the following...
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Dear Washington state wholesalers , I was just reading through the RCW on excise tax and found this little nugget below (RCW 458-61A-104 para (1)(b)). Can anyone help me understand paragraph 1(b)? It seems like if ...
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I am interested in a property that is set to be sold at tax auction next month. (Happens to be in Tulsa County OK.) I have never purchased a property at auction before.
I want to do everything I can before the aucti...
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Hi All,I am building up a short term rental portfolio. I have seen various posts praising and critiquing different STR revenue estimators (Airdna, Mashvisor, etc.)I am getting some value from Airdna but there are spec...
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The last couple deals I participated in were funded through my wife's Solo 401k. They were easy to initiate (only needed a mortgage, a note and a trip to the bank to send a wire) and to finalize (received a check via ...
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The topic of wholesale activity came up in a discussion among Illinois real estate attorneys. One attorney shared an email exchange he had with an attorney at IDFPR. I'm sharing here to help keep the community inform...
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Is there any way that STR rental income can be considered "active" from a tax standpoint? I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time investe...
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Just wanted to get some feedback from the community on a situation I encountered. Tonight I went by my rental to check for a package for the previous tenant that had supposedly been sent there. I knocked on the door a...
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Hey everyone! I'm looking into an investment property to flip before 1978. Obviously, the threat of lead based paint is there. I havn't gotten an inspection done because I don't have an accepted offer yet, but what...