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Dear BP family, I have a difficult decision to make and would like your opinion.Decision: I'm looking to move to Pasadena, CA in June. Should I buy or should I rent?Background:I love Pasadena! I regretted moving away ...
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In my lovely area of Seattle, the city council and the entire state government here are socialists. I live in the People's Republic of Seattle. The liberal government here believes that it is evil to make a profit.1) ...
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Welcome to our question of the week! While we may start to feel that there's a rollercoaster ride ahead, we have something many investors don't, a great network to help us grow and learn!
Have you noticed any new tr...
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Greetings, I purchased a property sight unseen at the court house Auction in Virginia. I went to introduce myself and discovered that the people living there are not the owners. According to the information they gave ...
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Dear All,My family is trying to make the best out of a situation that we are currently in. We live in Southern California and have a rental property which rents about 2k per month, after paying the mortgage (about 10...
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I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...
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One of my PMs told me they were going to raise the rent from 900 to 925 for a tenant who has a lease expiring soon. After speaking with the tenant, they told me that they will not renew the lease if rent was increased...
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This post was prompted by this quote from the website of an established syndicator, emphasis mine:
"What kind of tax impact is there? Apartment syndications are very tax efficient. As a partner in our limited partn...
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I am happy that California has passed a new law that eases restrictions on secondary units, effective January 1. When Portland did something similar, it sparked an ADU boom. Permitted ADU projects skyrocketed, and a c...
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I am looking at a SFH in a new sub division that is a little bit remote, but continues to grow. As a result, all properties there have septic systems. The house i am interested in was build in 2007. I have no experien...