James Carpenter
Multi-Family Apartment Interest
I have been a California licensed RE Broker for over 35 years. The real estate melt-down in 2008-2009 necessitated my unretirement...After looking for some other way to rebuild my retirement portfolio I have circled b...
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Evan Cruz
Necessity of a college degree for obtaining investing loans
I want to ask if any lenders require one to obtain a college degree in order to receive a loan to invest. I don't have any debt whatsoever, but judging from what many of what non liberal successful people have sci...
Beau Fannon
Does a Texas Property Management Company Pay Sales Tax?
Exploring LLC formation to potentially manage 3 family-owned investment properties in the Austin, TX area. Do Texas property managers have to remit sales tax to the State Comptroller's Office? I've reviewed the Taxa...
Miguel Oliviera
Lease Agreement updates due to COVID
Hello BP Community,What are some additions that you are making to your lease agreements going forward due to this pandemic? Appreciate the feedback!
Account Closed
What are your margins using a GC?
We are wanting to increase the number of concurrent projects which necessitates using GCs in addition to our own crews. For those of you using GCs for your flips, what profit percent are you expecting to get?
Michael H.
lenders, help! is it possible to get a mortege in my wifes name?
is it possible for a lender, in Texas, to get a mortgage using my wifes credit and income only? our current mortgages are only in my name, not hers. WE have Identified a property and need to get approved fast! is it p...
Gary Grossman Jr
Landlord advice for smoke issue post condo building fire
Looking for some expert advice for how to deal with a potential scenario.
There was a fire in another unit in my same building about 2-3 condos down. Residual smoke crept through the shared attic space and down into...
Kelly N.
Stock option- Sell to buy real estate, tax implications?
Hi all,
My husband's employer gives an option when they hand out bonuses- you can take the cash or you can take it in stock. He is wondering, if he takes the stock, what would the tax implications be if he sold the ...
Jimmy Kiefer
1888-1910 too old for a property?
Several properties I am looking to buy were built around 1900. Should I avoid properties this old? Especially since I will be a buy and hold owner, does the age of these properties create an unnecessary risk? Apprecia...