Leo Young
Can offset gains from stock sale with RE depreciation as a real estate professional?
Can you offset your capital gains from a stock sale with your depreciation from real estate if you're a real estate professional?e.g. If you get a lot of bonus depreciation from performing a cost seg on a property, ca...
Alex Lane
First Deal Under Contract - How did we do?
I have my first deal under contract, looking for some feedback on how I did;Duplex, 2 long time tenants currently at will Purchase price: $130KCurrent rent total: $950/mo., hasn't been raised in almost a decadeAfter c...
Michael Flynn
Looking for suggestions for a yellow letter vendor to use
Hello All,
I am in search of a reputable yellow letter direct mail company. I think I am going to use yellowletterhq.com.
Can anyone provide any feedback on yellowletterhq.com or perhaps suggest another vendor?
Th...
Jason H.
For Sale By Owner Transaction
Hello BP Members,After being on this site for about 3 months and binge listening to many of the podcasts within this 3 mo time-frame, this is my first forum post, hopefully leading to many more. Currently friends of m...
Jason Switherspoon
Do I have to pay gift tax on a discounted house?
My cousin had her house appraised for $275k. She is going to sell it to me for $235k. Are there tax implications that I will have to face as a result of the discount?
Roseann Koefoed
What security camera system is best?
I just purchased 24 units (three identical 8-unit buildings) that share a parking lot. I've been at the property a lot in the last couple of weeks, and tenants are telling me that a group of teenagers will bust throu...
Brian Collins
I believe I have found a good deal and need advice
Hello BP Community,Going to look at a couple 4-plex's on Monday. They are currently listed for $39,900 and are directly across from each other, Fannie Mae properties. I have ran some numbers using the rental calcul...
Albert George
Background verification for roommates rental
I have a place that rent out to room mates. The question I have is there a no cost or low cost options to verify identity/background of people I rent out. What information i should collect from them. Is it enough to...
Jason Hanson
Short term rental market analysis
Hey friends, I'm an agent in Daytona Beach and I locking in my first short term rental listing. When I am assigning value to an STR what are some of the things I should focus on? Can you actually sell your Air BNB as ...
Account Closed
STAY AWAY FROM McMann Capital
DO NOT DO BUSINESS WITH McMann Capital! They are crooks! They instructed almost all of their clients to wire money to Genie Investments NV while they were McMann Commercial Lending, and Genie STOLE ALL THE MONEY! I l...