Sylvia B.
Tax on capital gains question
Married couple filing jointly has taxable ordinary income of $30,300 and long term capital gains of $100,000. How much tax is owed on the gain?A. $0 because taxable ordinary income is below the threshold level of $75,...
Patrick Boutin
How can I set a payment structure for a lease option?
Are there any resources that one can use in order to "design" a payment structure on a "lease option"?I am trying to do one with a motivated buyer on a out-of-state property I own which needs quite a bit of work.I hav...
Darwin Crawford
Source for pro-formas for practice underwriting?
Hi Everyone,So I just got my 4th SFR property, a nice condo here in Old Town, and good numbers. I've decided that my next purchase will be a multi-family, I've had a duplex, but nothing bigger. I've got a pretty hea...
Ahkisha Howard
New member from Indianapolis
Hello BP! I am a newbie and I actually have been hanging out on BP for a while now I just haven't been active on the site. I have listened to countless podcast and I read anything that's real estate investing related....
Jiwei Yang
Taking out a loan for an LLC
Hello, I am new to the rental game and decided to create an LLC for future use. I am having trouble figuring out how to get a loan for an LLC. My broker told me that generally, an LLC with no credientials will have a ...
Melissa Kirchhoff
Rent to Own - Lease?
BP podcast #185 with Bill Powers has stuck with me since listening to it years ago.Has anyone done this RTO business model he talks about (basically renting with $150/month applied toward purchase price)?Also, has any...
Al Williamson
Boosting Neighborliness of Neighborhood Surrounding Your Rentals
I saw the neighbor's lawn was growing out of control. Since the single family rental home is on my "front line", directly across the street from my eightplex, I felt responsible to take action.
Instead of calling th...
Allen L.
After finishing rehab for a flip, what do you do next?
Hi all,What do you do after you finish rehab on a property that you intend on selling? I see a few options and want to hear what you do and whether you have any other good options. The point I want is to reduce taxes,...
Mindy Jensen
Military/Money Question about HOAs
A friend posted this on Facebook:Here's a money question for those of you who write about military and veterans. My HOA of single-family homes is trying to pass a rule that requires buyers in our community to make a 1...
Nathan Renner
Rehab loan stipulates I must use General Contractor ontop of Contractor
I've been working on my first buy/hold deal and have hit a small bump. It has to do with rehabbing yourself. My bank is stating that I'm not allowed to perform work myself and I have to use a G C. With this being my ...