Tax write-offs such as depreciation, mortgage interest, property taxes, and operation expenses...etc apply to both rental properties (property for rent) and personal properties (home for personal living) right?
Was looking for ways to value your buy and hold real estate business if you were lets say pitching it to investors or even if you were to sell it. Obviously the go to answer is... how much do you think your properties...
Looking at a 1/1 apartment in South Tampa Fl which is a hot area right now. Apartment was great only downside was that there was a slight smoke smell. It wasn’t overpowering however it was noticeable. Is that the kind...
I am primarily into fix and flips. Looking to get into wholesaling for internal lead generation. However, occasionally, I will be disposing off the properties to other buyers based on my work load. My primary focus wi...
Hi BP! I have a little bit of a choice personal problem. I grew up in a remote part of TX surrounded by acres and acres of land. It's been cut up, sold off and dispersed through the generations but our little piece is...
I have a Net Operating Loss on my LLC of $43,320 in 2018. Question 1) How much of it can I deduct each year for my personal taxes and for how many years?Question 2) Can this NOL also be used to deduct future business ...
Greetings BP,
I wanted to share my parking "activities" within the BP community since I see this a pretty obscure topic. Overall, my goal is to JV on, and eventually partner with a GP to syndicate, a parking lot and/...
Where Does Cash Flow In A Real Estate Syndication Actually Come From?Are you considering investing in a real estate syndication but are leery that it sounds a little too good to be true? You’re not alone.
Many invest...
Good morning, I'm a new investor interested in buying a mobile home park in Northern Ontario. The property has 10 homes on it right now (mix of owned by the park and privately owned paying the park rent). There is als...
Hello all, I'm interested in buying rental properties within the US (cash to avoid financing headaches.) As an overseas investor is there anything I should be thinking about? Does anyone know if I'd have to tax? Looki...