Dino Cardamone
Best way to invest $10,000.00 (Turnkey, REIT, Crowdfunding)?
Hello fellow BP friends,I'm awaiting to receive a work back pay of approximately $10,000.00 (CAD) in the near future. I'm just seeking out some recommendations on how and where to best park the money to get the Maxim...
Todd Luong
1031 Exchange Question - Getting a big property tax proration credit from Seller
1031 Exchange Question - Let's say the investor has already sold her relinquished property (which was owned free and clear with no debt) and afterwards has $325,000 in 1031 exchange funds available. The investor is no...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Monica De Leon
Can I rent to myself and report payments to credit bureaus?
I've seen posts about renting to myself for tax purposes but I does anyone know if I could set myself up as a tenant and make rental payments for my personal property and if I were to do so, could I report the payment...
Greg Meyer
who should keep the security deposit$$
I am an out of town investor. As such, I depend on a property manager (PM) to sign up new tenants, collect rents etc. Some security deposit $$ are in my bank,with a dedicated account and some have been kept with the p...
Matt Sullivan
Does anyone use online rent payment websites?
Has anyone had any issues using online rent payment websites? My wife and I are looking to start a Property Management company for both our rentals and others. I'm trying to figure out if is just easier to open up a...
Michael Tan
How should you structure your accounts?
ContextI'm about to close on my second deal, and am in the process of exiting my first. A lot of people in this group already know what my mid-term strategy is, which is primarily cash flow focused and relies on acqui...
Murat Ozdo
Looking for teammates lender, contractor, realtor, property manager
Hello everyone,
ABOUT ME: I am a non resident foreign investor who just joined the real estate market possibly in the worst time :) I am interested in Cleveland,OH. I have been monitoring the market in and around Cle...
Ty Wesley
Can I use my HELOC for down payment on rental property?
Hey BP members!If I were to get a home equity line of credit on my primary residence, would I be able to write checks against the credit line to close on an investment property?? Or does the bank just give you a credi...
Michelle Speer
QB question for fix and flips and rentals
We have been doing fix and flips for over a year now and only used one LLC for all of them. We are in the process of switching to a C Corp to oversee multiple LLCs, specifically one for each property. We will also ...