Clayton Coombs
How to avoid taxes with primary income from flipping properties?
Hey guys, I've been a full time real estate agent for several years now and up until this year that has always been my primary income. However this year I focused more time flipping properties than selling real estate...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
David G.
I'm having issues telling a tenant to remove their bike from the laundry room
Hi all. How do I deal with this tenant? They live on the first floor of a small ten-unit building. You have to walk up several steps from the ground floor to get there. The laundry room is on ground floor. The laund...
Josselyne Lugo
Wholesale Owner finance.
Hi BP!I have a question for the more experienced wholesalers out here. I have a home under contract and my seller is open to owner financing. I have a cash offer on it but it is taking a bit longer for me to sell this...
Shiloh Lundahl
Sell me on the benefits of Turnkey Properties
I have never purchased a turnkey property before so I am not familiar with the process. So correct me where I am wrong.
A turnkey operator finds or builds a property. Then after the rehab or building is done, they pu...
Cary F.
Housing Bubble Chat
I'm curious to hear what people have to say. As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. Those of you warning of a housing bubble... I just don't see i...
Davido Davido
Unusual Tax Question Is this money for nothing? Is it Tax Free?
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
Michael Ealy
From Bankruptcy to 1,000 Units (Part 3 - How to Build an Empire)
Here’s Part 1Here’s Part 2I will answer the question: how I went from 1 house and an 8-unit building to over 1,000 apartment units and more importantly, what I learned along the way. I share my story NOT to brag becau...
Zhenwei Chu
Section8 metro Housing in Boston accuse me discrimination
I was considering to accept a tenant from section 8 program. But inspector failed my unit with many un-professional reasons. And they force me to fix the problems without sending me the report, and accept this tenant....
Douglas Larson
Can a delinquent owner buy their own home at a courthouse auction?
In other words, will the trustee allow or can they forbid the delinquent owner from paying cash for their own property at the courthouse steps?