Victor B.
How does accelerated depreciation work + request for resources
One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
Michael Seeker
Self Employment Tax on a Flip
I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.
This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...
Maryann L.
title insurance
Has anyone run into issues getting title insurance on a short sale? We seem to potentially be running into a problem.
Marc-Andre Bordeleau
First investment: 16-plex apartment building
Hey guys thanks for coming. I was looking at this apartment complex and ran the numbers on BP's calculator and thought I might as well ask for your opinions on this deal. I think it looks like a solid deal on the outs...
Anthony Mei
Is this an illegal 2 unit or what is a “zoned in law”
https://www.redfin.com/IL/Chic...This house is advertised as a 2 unit but it’s zoned RS3 it seems based on database. The description says “zoned in law” for the top floor unit. What does that even mean? Is that a thin...
Fernando Morales
Help Analyzing! Deal for a 6-plex in Miami, FL
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi all,I am looking at a foreclosed 6-plex in Miami, FL. I would love your input on the ...
John James
New Member in PA, how can do I start?
My name is John and I live in south central PA. I am hoping someone is willing to help or direct a newbie like me to is hoping to learn about the criteria involved in finding their first deal. My interest is a renta...
Ryan Hamaker
What % should expenses be in relation to gross rents for multifam
What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...
Douglas Gratz
How do you properly research rental markets?
Good morning,
So the last two threads I created had to do with how to make the numbers work in A/B class neighborhoods. A few people mentioned the research side of things, supply and demand, job growth, new business...
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What look for/look out for when purchasing a rehab house
I'm hoping to get into rehabbing soon, and I just want to know from anyone with experience what are things to look for in a house that is worth rehabbing. Also, what are things to look out for that make the house not...