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signing my 1st contract today with a realtor, should I included my legal name or business entity to protect myself even though i have the right clauses in tact?
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I have an opportunity to purchase a small, corner strip mall with a laundromat. Several tenants have been in place for 10 plus yrs and the laundromat needs a retool which I would run. Question is:What's the best way t...
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Hey all,I'm working with two partners to complete a BRRRR deal in the surrounding Nashville submarkets. Two of us are located out of state and one is located in Tennessee. We were curious if somebody could provide ins...
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Wife and I are at crossroads. Our long term plan is REI in order to provide for the family and our kid's (currently 2 yo.) future education. We are both 40, bring home about $160k and have approx. $100k liquid to inve...
Common sense, along with my own research, would tell you that a hotel is a more profitable investment than an apartment complex. They are basically the same building, except that hotels charge a higher rate and the gu...
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IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
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Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
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Hey BP,I have a very random question. I am in the process of opening a boutique fitness studio in the Anaheim Hills/Yorba Linda area and am having trouble finding available retail space. Other than LoopNet and drivi...
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Most of my life is spent living in and cruising around the midwest. Particularly in the Kansas City and Des Moines metro areas. And when I'm traveling to the outskirts and more rural areas, it bugs me that I see so ma...
Hey BP sages and fellow investors. I'm brand new.
I'm a busy family doctor, husband and father of 2 toddlers. I'm also very excited about all that I've learned from reading the forums, books and listening to podcasts...