Hello everyone!I posted a couple years ago about my struggles in an attempt to buy my first property. I closed on my first investment in late 2020 using a double VA loan. We bought a recently renovated duplex, and it...
Hello all. The legal and insurance considerations for rehabbing are fairly clear to me. What about as a wholesaler? What specific documents or insurance plans are recommended for the best business and personal prot...
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
Hello,My father is seeking to transfer a paid off SFR rental property in Florida from his name to a newly formed LLC, under his and my mother's administration. I have researched that there is a transfer tax based on t...
Recently inherited property with siblings. Looking for ways to buy out other siblings (who don't want to retain the property) without having to resort to conventional methods (e.g., traditional bank loan) given today...
Hello BP Family! For those with experience in purchasing properties through an online auction, what is the best way to estimate rehab costs without being able to enter the property? Additionally, besides doing your ow...
Hi everyone,
I co-own a condo, that was at first a primary residence, with my now ex. We've maintained a good relationship and have decided to retain ownership and rent the unit out to earn passive income. That said...
Hi Everyone,I'm looking at buying an acre of land for under 5k that's only a few blocks away from the city hospital, school, its in a nice part of town and its in my hometown - only around 5000 people live here. I wan...
Hi BP Community. I'm coming from an SFR institutional world and partnering with my former colleague who used to lead renovations and who has performed 50+ flips in his career. I want to do it right if we scale to 20+ ...
Hi everyone,Pretty new here and planning on investing in a STR in Orlando. I am certain that there are many opportunities to consider on tax and business structure before buying so curious what some experiences have b...