Bill P.
Buy New Mobile home investing?
hello from Texas - first-time investor - I might be crazy, but I'm looking at buying a lot of land and placing a new mobile home on it? The current rent for the area is around 900 per month for a 3 bedroom (land will ...
Jason Lockett
Compensation for Full Time Agent - Salary vs HUD
I have a AZ based wholesale and flip company, that sources many deals from the Arizona MLS. I would like to bring on an Acquisitions Manager to make offers on MLS properties. I'm considering the Pros and Cons to hir...
Tom Gdovin
larger 1031 equation question
selling a property for 2.7M. book value 750K cap gains tax rate 21% owe 1.4M so if I cash out i owe 411,000 taxes. I have rolled several properties over the years with 1031 but am getting tired of what I'm doing . ...
Russell Fugitt
Possible 4 Plex purchase. What info am I missing?
I have a few SFR's that I have successfully rented out for years. I am considering buying a 4 Plex near me and am hoping someone with more experience will look over my numbers and comment on it.4 Units all 2 Bed 1 Ba...
Tony H.
Need help with depreciation
Hi BP,I cant seem to find an answer to my situation here, unless I missed it. Here is the problem. When I acquire the my duplex back in 2017, the tax assessment for the land was about 50k.I subtracted that from my pur...
Peter Miller
Creative Financing Ideas
I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
Jonathan Bombaci
90% of Net-Worth in Real Estate, now what?
Hi Everyone,We grew our portfolio and networth very rapidly through real estate over the last 3 years. I woke up in a cold sweat a few weeks ago when I realized 90% of our current networth is wrapped up in real estate...
Adam Melon
Leveraging rental income on a house hack
Does anyone know if there are banks that will include FMV rental income in the underwriting process for a 2-4 unit property one is trying to househack with zero landlord experience on their tax returns? I've spoken to...
Trent Barga
Bonus Depreciation: Tax value or Purchase Price
Hoping one of you great people can clarify something for me. Looking at bonus depreciation and wondering if it is based on the county assessed value or purchase price?We purchased a commercial building for $420k and t...
Jason Varney
50% rule: How much vacancy factored in?
Hi all,
When analyzing a deal quickly before going into the actual numbers, the 50% rule is a good starting point. My question is, how much of a vacancy factor is allocated in this 50%? 10%? More? How would y...