Mikel Kaubfa
How to increase rent during the pandemic?
I want to start by saying I purchased a 4 family during the pandemic.
The tenants were paying around $450 for two apartments I would normally rent for $800-900 and $650 for an apartment I would normally rent from $11...
Ryan Pozzi
Real Estate with a Mission
Hey BP! Who has stories for me about part of the purpose of the real estate business being doing good in the world?We just did a deal with an abuse victim who needed an immediate influx of cash so she could use those...
Jason Hendrickson
"Sell" estate prior to death...?
Off-the-wall question here but I think it's interesting: Let's say for the sake of argument that I have an estate of real estate holdings worth $5M. My wife and I don't have kids and therefore nobody to pass along our...
Chuck Toney
Family Rental Property Purchase or Donate?
My parents are looking to donate or sell a rental property to me and my sister and I’m trying to figure out which would be best. I plan on taking out a loan on the property (which is paid off) in order pay down debt a...
Ed O.
My turn for a fire
We had a substantial fire this weekend at one of the rentals. I'm compiling some notes and will post them in the near future, in case anyone else gets that call.
It seems like the insurance company doesn't care to se...
Tommy Ray
Who likes to help veterans with housing and jobs
Mission Statement: Materially address the 22 vet suicides daily.
Vision: Organize a national collective effort to assist by buying housing (using conventional and creative techniques). Use veterans to procure the h...
Dan Rudolph
Tax Deductible Investing
My W2 income over the next 3 years is going to be significantly higher than normal. Is there any way to avoid paying a high personal income tax rate on this income? I understand that if I am a "Real Estate Professio...
Jan Boldt
Gifting investment Real Estate questions and comments + deductible carry-forward?
Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively...
Kory Sheldahl
Stessa - Software for Property Management & Real Estate Investors
Is anyone familiar with this product (Stessa)?I'm a bit of a nerd when it comes to technology and like to try all the new "toys" out when I see them. I'm intrigued by this software, but don't know anyone who has exper...
Matthew S.
Depreciation Recapture Tax
What is the best way to delay or avoid paying depreciation recapture tax? It is my understanding that when you sell a property, you are required to pay back all of your accumulated depreciation at a rate of up to 25%....