With the unrest in Washington about reform or taxes, we don’t really know what’s going to happen. I don’t spend time watching the news or listening to people who don’t have experience in what they are talking about. B...

I am working on calculating the depreciation basis for my rental property, and I am currently analyzing two appraisals. The first appraisal was conducted in 2020 when I purchased the property, while the second apprais...

I am planing to tear down a house and build a new one.Some people recommend to leave a wall in order to avoid impact fees.Others said that the idea it is to be considered a renovation and not a new construction...This...

Hello All,

I'm a newb here so please take it easy on me. I'll give you a little background and get to my point.

First of all, I live in WV, probably the most conservative bank lending state in the country, a good r...

Hey BP!  Given that it's tax season, I've been looking over strategies that I can use to reduce my tax burden.  For those who rehab properties, how do you report your expenses?  Can I write off my entire lumber bill a...

Hi everyone, I have a newbie question about pursuing a master lease option on a commercial property versus just paying cash for it.Briefly, the property is pretty inexpensive, hopefully we could get it for around $125...

My aunt had purchased my grandmother house after she passed away fix it up and is ready to pass it along to me.The problem is, when she brought the house she paid $370,000 for the house, almost full price of arv. The ...

Now i dont know if the title even makes sense but let me break it down some.
so is there a difference in the ARV when refinancing when you DIY your rehab vs when you hire out contractors who specialize in this field?...

I have a question for those experienced LO people. I have an opportunity to do a LO with someone that asked me to sell their home ( I am a licensed Fl. realtor). I want to give her another option- Lease Option.  She i...

This is probably common knowledge for most people, I just wish I had thought about it at the time. When I first created my domain name I couldn't find anything that had not yet been taken already in line with the indu...