Hello everyone,I have a question in relation to reporting a 3 flat or 3 unit that I have in Chicago in the taxes. I still need to create my LLC but as of today the question is the following.How should I report the 3 f...

Investment Info:

Single-family residence fix & flip investment in Cincinnati.

Purchase price: $50,000

Cash invested: $35,000

Sale price: $126,900

Completely renovated. All new with a lot of ...

We recently purchased our first investment 2 flat for $280k. Our real estate agent/broker sold us on the property because it had a side lot. He said "selling this lot for $175k would be a fire sale.l, easily worth $20...

Hey BP,What are the pros and cons of listing your first fix and flip on the MLS vs. listing with an agent?

HiI've just become a member of BiggerPockets today - looks like a great thing to be a part of - and I'm excited to be making my first post!I'm living in Bergen, Norway with my Norwegian wife and children. I've got 4 f...

Hi BP,

I wanted to get the community perspective on remodeling a project.  Does it makes sense to get a professional drawing?  I am kinda confused here.  I am in the process of making my basement a legal flat and w...

I am trying to sale a condo in Milpitas. It's currently rented. I would like to try out FSBO, any suggestions on how to execute this?

Thanks in advance

I am currently managing B+ to A class townhomes and they are all painted with a flat sheen right now.  I get complaints constantly about how quickly and easily the tenants damage the walls with minor scuffs and finger...

http://www.forbes.com/sites/janetnovack/2013/03/26/how-real-estate-investors-can-protect-themselves-from-the-irs/

Hi All,
I have a trouble to decide how to re-frame the roof. I had several discussions with framers and architects by could not come into a conclusion on what is the best. Here is my drawings (can't share the actual ...