Looking for y'alls input. My husband and I are looking to purchase a property as an Airbnb. The cost of the property is 450k. My husband is a real estate professional and with this being an Airbnb that I will self man...
Hi BP! How do you pay for and time the various due diligence reports that need to be completed during the due diligence period of an apartment building being under contract? I know that several DD reports have to be d...
I have a question on the tax issues when it comes to flipping. If one buys and sells homes using their personal names, and say there is a profit of $50K on house 1, and a loss of $20K on house 2, can we offset them an...
We have been looking into entering the build to rent business model. However, it has been hard for us to identify a good investment. In a general understanding of construction you look at you cost of land, soft and ha...
I'm curious if anyone has tried to deduct the cost for an account on Audible.com or a similar audiobook database subscription on their taxes? Can you justify that there is enough real estate related content to write ...
Hello! I'm a new investor with a shiny new LLC. We're getting ready to close on a 4-plex, and I'm curious about a couple of things.When forming the LLC, we decided (with our attorney) to capitalize the business with $...
How do I bring my best friend / contractor on as a partner. How can i structure the partnership to allow him in without an upfront cash contribution?Hi my best friend from childhood is a contractor. One of the best I...
Hey guys,I'm starting out, and have 1 property, and I am trying to figure out how to do the books. I have decided that I want to use Excel for the first year, to get comfortable with bookkeeping. I currently have one ...
Uh oh. I always thought it was a cool idea, but anytime I see tech people get into real estate and construction (especially to this scale), I really pause and take caution. I spent 25 years in commercial construction...
Hello!Looking for guidance on appropriately partnering my SDIRA LLC with my business LLC for a real estate purchase on a fix-n-flip. My understanding is that this partnership can take place, despite being a disallowe...