Hello BP Compatriots! The last few posts were decently popular soooo.... I thought I would give it a go again. Here is my brief, hopefully insightful, dive into real estate and/or financial markets for Dec 7th, 2023.
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Hi BP,
My Name is Derek Pheiffer and I live in the Greater Philadelphia area (Center City –ish to be exact). I’m just getting started with the many resources BP offers (books/podcasts/forums) to familiarize myself w...
http://www.cnbc.com/2016/12/01/heads-up-homeowners-mortgage-interest-deduction-on-trumps-chopping-block.htmlThe mortgage interest deduction is already capped at loans up to $1 million if you're married and filing join...
The tax code can seem daunting, and navigating it is a scary undertaking for small business owners and entrepreneurs across the country. As we know from firsthand experience, many small business owners pour their bloo...
My brother's family owns a few very nice homes in a resort market that he rents out. The rentals are primarily during the summer season as that is when people visit the town. Of course, they are having a harder time w...
My head is spinning. I've spoken to several people and I just don't know which way to go. I need to put a property on the market next month and do a 1031 exchange. Once sold and after fees and expenses, I will need to...
Did you know that New Mexico has one of the most accommodating securities laws in the country? Under the 202X exemption, investors can raise up to $2.5M from non-accredited New Mexican investors if the funds will be i...
Hi! I'm a long-time BP lurker, first-time poster. I'm interested in picking up a vacation rental or two in Mexico, most likely in Todos Santos or Los Cabos in the next year. I'd love to chat with anyone who's familiar...
Hey all,
Does anyone currently (or recently used to) own a vacation home in OBX (Corolla more specifically) that is willing to speak to a few items and general feedaback:
1. Vacation renal income norms over the last...
I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.
Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...