Jay Helms
Rental Calc question
#AskBPSo I have an opportunity on a mutli and playing around with the rental properties calc here on BP (unlimited usage is why I upgraded to Pro - worth it). All my #s stay the same but altering the income /expense y...
Jay Helms
Vacancy Expense
If you own a property free & clear or when calculating for a cash purchase, do you still calculate a vacancy expense when determining cash flow? Why or why not?Cheers.
Steve N.
Deal Analysis For Roanoke VA
This is my first deal I'm putting together. I would appreciate any comments.
3 BR 1700sqft, SFR, Nice neighborhood, house is in very good condition, tenant ready, no deferred maintenance evident.
$142,0...
P M
What rates are you getting for 60% - 75% LTV Investment Properties?
I am looking at some inexpensive condos in a lower-income area offered for $54,500. With lending being what it is these days, I am thinking of going in with a $20k down payment for a $34,500 mortgage. My spreadsheet...
Juliet Hawthorn
Looking for tax reduction strategies
Scenario: I buy 3 properties in an LLC and the properties are rented with a net income of $30,000 a year.I leave that money sitting in a bank in the name of the LLC. Each year I use the entire rental proceeds to reinv...
Omar Sebastian Anorga
24 Unit Apt with 1 Water Heater - How to Collect for Water
Hi Everyone:This is my first post. I am looking at purchasing a 24 unit building with 1 water heater, not each separately metered. Looking over the building's expense, the one that stands out is the water bill. Howeve...
Valerie S.
If you borrow for down payment how do you pay it back?
Hi everyone, I have super newbie questions! If you're borrowing private money for a down payment, what's the best way to pay them back? Do you add it on as an extra monthly cost or is there a better way?
Jeff D.
s-corp owner ok to claim his own labor on flip?
Can an s-corp owner /employee /officer claim an amount attributable to his own labor on a flip to help bring down the taxable profit?
For instance, if he did a portion of the work - perhaps the tile, some paintin...
Michael Harris
Can you rent out your primary residence to your LLC for tax benef
I have a home I've been in for 5 years. I want to rent it out to my LLC, stay in the home, pay the rent and write off the expenses. Can this be done?
Susie Wyshak
DSTs / alternatives for senior rental property sellers
I was just perusing the DST posts, hoping they were a "silver bullet" for solid returns for older rental property sellers. They seem potentially expensive, confusing, inflexible and...maybe lucrative?While I know an a...