While the IRS is closed for the “extended government holiday” I thought now would be a great time for everyone to brush up on how to file your Short Term Rental Income. I have attached a guide from H&R Block that ...
Hi,
I went through the process of vetting the feasibility for adding a third story to my exist two family. The department of buildings said it was allowed (I went to the Queens department of buildings with an archit...
Hi All,I'm in a position where I am Mid-Construction on a new home build and need financing to complete the project. I have a land loan that is 1 mortgage for 2 lots of land and am having trouble with lenders because ...
Investment Info:
Mobile home buy & hold investment.
Purchase price: $450,000
We bought this park for $450k. The appraisal came in at 715k. 38 pads, 23 trailers, 100% tenant owned.
What made...
hello bp Community. Can anyone recommend towns in Dallas good for multifamily investing? I might visit next week and would like to look up some property management companies. However, not sure which town to choose. Th...
Hi Forum,I think part of my problem with the idea behind my uninsulated hunter's cabin... is the idea of having it not rent out in order to meet its expenses.So here's my question / scenario:Is it bad practice to try ...
How to structure a deal adding equity partners into a single member entity
Hey guys!
I need your help and experience once again! Most probably very easy for seasoned landlords but a headache for me. The bathtub in my rental unit is stained from some smart ass burning documents in it, so I...
My cousin recently approached me and ask if I would like to have his condo. He lives out of town and is just sick of the headaches associated with it. When I run through the numbers everything looks good. He has an...
I am analyzing a duplex near Seattle where the owners are in Bankruptcy Chapter 11 for multiple properties over $1.6 million in back taxes....Of course I will consult an attorney - but before I do I wanted feedback on...