Lou Siri
Short-term versus long-term
Hey everyone! Fairly new to rental real estate.... As we started preparing taxes and looking to the future, I came up with a question that maybe somebody on here can help with. As I understand it, short-term rentals a...
Damon J.
Flooring options for botton unit (slab) apartment
Rehabbing a bottom floor apartment which has damaged hardwood floors from a busted water heater. It is concrete slab and could be considered below grade as it is built on a hillside (only has windows on one side of un...
Ian Heritage
How to determine UK building value for US tax depreciation
I am submitting my US tax return for 2011 & I have a house in the UK which I am renting out. As part of my return I need to enter the % of the building is worth versus the land for deprecation purposes.
The person...
Elliot Holmes
Where's the best flipping markets in the U.S.?
Where is the best inventory or markets for fix and flips in the U.S. right now? Curious to see where else is hot. I'm in Austin, Texas and want to know from people on the home front.
Jaron Klopstein
Questions about 203(k)
Hey BP Community: I am looking to begin my real estate investing journey through house hacking utilizing an FHA 203(k) loan. I have two questions about this:
1. I am aware that the FHA 203(k) loan will require me t...
Robert G.
1031 exchange ?? Selling primary residence
Hi all,
I am currently listing my home for sale (lived in it for 18 months) with my realtor and plan to net approximately 61K after closing costs etc. I want to take a portion (or all of it), and put 20% down...
Robert E Bogino
Anyone else flipping new mobile homes on land?
Hard to find mobile home posts not in the 'park" forums. 3 years ago I transitioned from SFRs to mobile only. Rehabs but mostly demoing old homes and replacing them with new or developing raw land for new homes. Ty...
Brandon Kmiotek
I'm quarantined! Should I take my real estate class online?
Hi everyone,As we all know this Coronavirus has had a major impact on our daily routine. Especially for me; a bar manager living in Buffalo,New York. Since I am out of work, I'm thinking about taking a online course t...
Adam Williams
Should I form an LLC or wait?
We converted our previous home into a rental property a few years ago. I'm refinancing the home and am wondering if I should setup an LLC and put the loan and everything into the LLC versus just having it all in my na...
Charles Clark
Room Count VS Square Footage (VS etc?)
(This question does not seem to fit into any particular category but since I am asking as part of a house hack strategy I am putting it here.)I'm trying to narrow down my search for a first time home/house hack that w...