Hi all-I was hoping to get the Community's take on the following scenario...I am looking to acquire my 5-6th units via a duplex. This would be a solid property in a good area consistent with my portfolio to date. Th...
If I take out a loan to fund an investment in a notes fund, is the interest paid on the loan "investment interest" that goes on Schedule A or "passive interest" that goes on Schedule E?I found the following in "The CP...
Investment Info:
Single-family residence fix & flip investment in Tampa.
Purchase price: $250,000
This is a brick single family residence with three (3) bedrooms and three (3) full baths. Living and ...
what’s up BP forums so I want to briefly explain my situation, first if I’m 25 year old in Long Island NY got pulled into the real estate game after a friend of mine introduce the brief concept of passive income, so I...
I have a job were I make about 140k. I also have 4 rental units. What is better a llc or a s corp. Its more for tax purposes. I owe consistently in taxes
Hello there,I hope all is well!I am currently looking at wholesaling in Jacksonville, FL. I see that there is a lot of wholesaling activity there.Would anyone happen to know whether it is a saturated market? Or is the...
I'm a new investor, and I want to scale to a dozen units in the next couple years, but my biggest constraint is capital. I have professional experience analyzing deals and managing properties, I am new to creative fin...
My initial list search was very general and yieleded 1k+ people. I then added specifc equity parameters and that narrowed the list down to around 200+ people. That is a SIGNIFICANT decrease. I know that it's a numbers...
Hello everyone, I'm in need of some guidance. I bought a 5-bedroom, 3-bathroom property in Orlando near Disney World for short-term rentals. It's been a year, and contrary to my initial profit projections, I've been c...
A little background on my situation. I own a condo in San Diego that has two tenants who meet my rental requirements together but not separately. They are on a month to month term now. The financially stronger tena...