Will Barnard
Owner vs. tenant paid utilities
This is a debate that occurs often in the 50% rule.
Some argue that with owner paid utilities, your expense ratio could very well be much higher than the average 50% while others argue that the rental rate increase fo...
Jason Barnett
Enron - Lay, Skilling, and many other top execs found guilty
Huge news story here about charges against top Enron executives.
The prosecutors have got to be feeling pretty good right about now... they got almost all of the big fish and they got them for huge crimes. Reminds m...
Bev Willerby
Property Tax Confusion....
OK - I have found a property that I like in Detroit Michigan for the purposes of buy & hold for cashflow, (bank owned).
While waiting for the agent to get back, I am trying to find out what the property taxes are...
Jess Archives
50/50 Partnership, Deductions, and One Name on Loan
I’m trying to understand how to structure a 2 person partnership.Money and profit is split 50/50.But the loan will be in my name. We’re doing the first few purchases with an Operating Agreement only.Does anyone see an...
Shahad Choudhury
What are the tax conciquences of house hacking?
Hello,
I've been reading a lot about the taxes involved with house hacking a SFH, but the main thing I can't figure out is what is normal/expected by the IRS for calculating the percentage of the house that shared ...
Angdronell Durant
I have a probate deal but I am stuck
Hey I have a Probate deal I have been at a stand still because out of 5 siblings I have only been able to get in touch with 3. After the mom passed the siblings lost contact with each other back in 2015 and with out t...
Samuel S.
Trust Deed Investing
Hey BP Folks,So I have been looking to invest in trust deeds for some time now, but there are still a few things that I am hoping to get clarity on before making the leap. The confusion I am getting is in relation to...
Brad Gustafson
New member from Felton, CA
Hi everyone. My name is Brad Gustafson from Felton, CA. As the Doobie Brothers say - in the hills above Santa Cruz. I am looking forward to this experience. This is the first Forum of my computer life. One rea...
Justin Long
Depreciation as it relates to cost basis
I may be thinking about this way to hard. However, I am also a newbie to REI and the tax implications therein. My scenario is simple: Single family home purchased by me and in my name, mortgaged property, and rente...
Anthony Crawford
REAL ESTATE DEVELOPMENT
Are there any successful new home developers/builders on BP?? (I'm sure there are). Just wondering how to go about getting started. I get the basics, buy a plot of land, divide & develop it. But as far as pick...