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Just hoping you all here could give me a hand, i am filing my taxes online with rental income for the first time and i need help with this form-
New, Used, or Converted (Building) Form 4562
Which describes this p...
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Hi,I'm working on the financials section of my BP. How do you calculate and include depreciation on the income statements?If I use a depreciation calculator and calculate an annualized deprecation amount of $3k, shou...
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Hi There,
I'm currently in a partnership with 15 other investors. A multi family property was purchased which is going to be put in the name of the LLC formed with these investors. I have an offering letter...
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Hello - I have been spoken to a mortgage broker recently about purchasing a SFH or MFH. It will be owner occupied for at least a year, if not longer. However, he said that lending institutions require at least 20% dow...
Hello I am a new investor looking to purchase some properties, I am currently looking to find out what is a very robust software to manage investments, flips, rentals , list of prospects etc.... any help would be gre...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,800,000
Cash invested: $650,000
Contributors:
Tyler Moyer
We found this deal of...
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A year ago I was a hobby landlord. My hubby works full time and I'm wheelchair bound, so I thought that managing a large rental portfolio was unrealistic, but we were doing ok with 3 houses. Then I joined BP, and a ...
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Greetings,I have an opportunity to purchase 10-20 single family rentals. I currently have 4 units, a duplex and 2 single families. 3 of those we have run for the last 8 years.My questions are along the lines of:1. Wh...
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I have a CPA that I really like, but want to meet with a different professional who has extensive real estate experience who can look at my businesses (agent, flipping, hard money, long term rentals, short term rental...
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So I know the power of the 1032 exchange, and many have used it successfully and swear by it. But I have been thinking through the pros and cons and in general just don't think it is compelling enough.Assuming I have ...