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Results (781)
Michael Moikeha Re-Introduction as a Full Time Investor!
14 January 2015 | 19 replies

Hello BP!!! So I had a 2015 goal to quit my day job and invest full time. I decided that I would start the year off with a BANG!!! I believe in myself, my business partner, our vision, and the skills and abilities tha...

Alain Pujolar Question from a newbie on how to find a good business partner
16 November 2020 | 6 replies

Hello, Everyone!
My name is Alain. I'm a Miami native living in Beavercreek, OH, which is a city in Dayton. I've been living here for 5.5 yrs now. I moved up right after I finished grad school to take a job as an Epi...

Steve S. Tenant died of covid. Cannot reach ICE contact
15 February 2021 | 8 replies

Well i experience something new every month in being a landlord, even after several years. My tenant was mid 60s and apparently died sadly from covid.  he was divorced and the only one on the lease.  his ICE contact i...

Scott Bartlett Baseboard Heater Depreciation Schedule?
2 April 2014 | 11 replies

The life expectancy of electric baseboard heaters is about 10-15 years, but according to the IRS Depreciation schedule, would electric baseboard heaters qualify as a "furnace" and have to be depreciated over 27.5 y...

Margaret McCoon New Member in Raleigh, NC
9 March 2014 | 11 replies

Hello, My name is Maggie McCoon and I live and work in Raleigh, NC. I am getting back into real estate investing after a 5 year absence to open a small business here. I would love to make some contacts in this a...

Sheena Varghese Flip taking longer than a year and tax implications
22 November 2024 | 12 replies

Hello,My current flip will take longer than a year, about 18 months.  Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit.  I have all cash in the property and for renovati...

Stephen Wilson New to BP, first time investor, looking for advice from Virginia
13 February 2020 | 9 replies

Hello everyone, I'm brand new to BP but have been listening to podcasts and reading recommended books on investing for a while now. I am going to be completely candid in this post so I can get some specific help. My f...

Wayne Sluiter Can't figure out how to get to the next step
18 May 2015 | 15 replies

Hello everyone, my name is Wayne, I live in Michigan,  and I am a newbie to BP.com.While a newbie here, I do have some experience in the real estate game.I have two SFR condos rentals that are doing quite well at appr...

Curtis Hallenbeck 401k Withdrawal Penalty free upto $100k
31 July 2020 | 5 replies

Just found out I could take up to $100k withdrawal from my 401k without the 10% early withdrawal fee. Anyone else taking advantage of this opportunity?  I see it as a great way to get started on my first BRRRR.  

Jon Klaus 1031 Exchange from a multi-partner LLC into a single owner property?
11 February 2019 | 20 replies

Selling property in an LLC that I own with another investor.  I'd like to 1031 exchange my portion into another property that I'd buy myself.  Kosher?