Dana N.
Filing Taxes with my LLC
Hi BP,Help!!! My tax person is saying I need to file for an extension. We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...
Jonathan Bonck
How to Give away Equity/Depreciation to Private Investor
Hey BP!I am wondering how you give Depreciation and Equity away in a Deal. I have a Private Lender who will lend enough for Purchase Price and Rehab of a SFH. The situation is that I will be able to keep all the Cash ...
Account Closed
Need Help Analyzing a Condo for Rental
Considering buying my first condo to use as a rental and I want to make sure the numbers I'm using are accurate. The source I've plugged my numbers is from an online website. The numbers are based on MLS listing, simi...
Curt Smith
Sched E landlord, where to best deduct business expenses: education etc?
Hi Folks, Last few years I just added up my general business expenses: education, technology, subscriptoins etc, divided by my number of Sched E houses and added an expense called General business expense onto EACH h...
Charles Clinton
Understanding the differences between equity and debt investing
Every homeowner understands the difference between their mortgage and the equity they have in their home but when it comes to commercial real estate transactions, the difference between equity, preferred equity, mezza...
Wogderess H.
Evaluating a commercial retail building
hey guys I know how to evaluate a multifamily apartment building. But recently I came across a commercial building with retail stores. How do you evaluate something like that? Purchase price is 450K5 stores leased at ...
Tahir Slater
What disruptions in the antiquated Real Estate process would you personally like to see disrupted
Hello BP! Im sure we've all had a "darn, why isnt this easier", "there has to be a faster way" or"there has to be a fix for this" moment. I am currently pursuing a fix for one of these annoyances via mobile app develo...
Cassidy Burns
Deciding whether to separately meter water in a Multifamily
Hi All,I wanted to get a feed started regarding opinions on the pros and cons of taking a multifamily building, in my case 4 units, that is currently on one water line and separating each individual unit. The current...
Jacob Straley
Commercial Lease Agreement
A forum Search only revealed a few threads that didn’t answer my question. I know there are many commercial investors in the BP community. I have a really exciting new mixed use property under contract in Michigan tha...
Bryant Hull
Curious, how are you handling "Service Pets"?
Occasionally we have applicants with service pets with a not from a physician. Wanted to hear what other management companies or landlords are doing. Thanks!