Good morning.  My name is Jeff McNeil.  Thanks for having me here today.  I am looking for knowledge to help me feel like I am getting a fair deal when I upgrade my home from a condo to single family residence.  I hav...

Hello!So I've got a bit of a pickle here and I'm hoping some of the BP experts out there might be able to provide some help or clarifications.I'm under contract to purchases a multi-use building.  There are 4 apartmen...

Hi BP, I read "Every Landlord's Tax Deduction Guide" by NOLO, great book.  I have a question regarding the cost basis for a property. Purchased:  69K, mid year during the tax year. Market value was about 85K.Tax Asses...

I talked to a potential off market seller last week who owns her six unit apartment building outright. Building is immaculate in Fairview (c+ area) with a strong rental market, but relatively low sale value if she sol...

Hi all. I understand that a typical strategy for an apartment complex is to do one LLC per building, and a separate bank account for each LLC (and so a separate bank account per property). I worked in a treasury depar...

Hello everyone!
I'm looking for advice on the tax implications that come with transferring title from an individual into a LLC with 3 members. A couple days ago I purchased a multifamily up in northern California and...

You can wait for note opportunities to find you or perhaps you are situated with sellers that free flow deals to you already. If you’re like most, you’re having to revamp your business model in order to carve yourself...

We live in a 5 yr old house w/a terraced backyard complete with retaining walls & a french drain system. The older house directly behind us was sold about 2 yrs ago and the new homeowner gutted the home and reland...

Is anyone using a buy-and-hold strategy on Long Island, specifically in Suffolk County? I'm trying to get my rental analyses fairly accurate and was wondering if the 50% rule is a good benchmark in Suffolk. Houses are...

You never find anything you aren't looking for.

Truth be told, I didn't know what to expect when I landed in Denver. Other than a handful of impressive, local CA investors I'd had a chance to meet in person, I had n...