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Results (4677)
Jason Rogers Help!! Flip Accounting
6 April 2019 | 2 replies

BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...

Noah Condon 1031 Exchange for Flipping
4 April 2024 | 5 replies

Can/Should I use 1031 Exchange when flipping houses? Any down sides? Thanks!

Adam J My first real estate investment
7 March 2013 | 11 replies

im currently 21 years old and am about ready to start investing in real estate, if i keep telling myself i'm not ready i know i'll never make the move so its going to happen.

My plan is to spend under >$5,000 on a...

Jason Mak Tax efficient way to sell condos
31 October 2017 | 5 replies

**Posted this in the 1031 section already, but this might be a better place to put this topic**Wanted to check in with BP and see if anyone had any experience with selling new construction condos and any advice how o...

Matthew J. T. Putting contract under your name or under business name?
16 July 2011 | 6 replies

Does it make a difference if I put my name as the buyer in a purchase and sale agreement, or is it better to use your business's name when putting something under contract? I don't know if it matters, but I thought I ...

Mike Prisco Using Flipping income to improve DTI
3 November 2020 | 4 replies

Hi all, just a question I have that I've been having trouble finding an answer to. I have flipped 8 houses typically going at a rate of 1 per year with a very good return since I do a lot of the work myself. I have ...

Craig Salzer Tenant owned home attrition
3 February 2020 | 3 replies

I know this is a difficult question with no concrete answer... from the experienced park operators - when evaluating a property what type of attrition would you expect (should factor in) from tenant owned homes? 

Chris George setting up LLC to Wholesale properties
17 July 2008 | 3 replies

As I said in the wholesaling thread, I am going to start wholesaling properties but was curious as to whether it is recommended if I set up an LLC, I have read somewhere that if I don't then the IRS will consider me a...

Sandy Uhlmann Taxation of Owner Financing a recently rehabbed home
7 May 2018 | 1 reply

I found a property that is a good price but needs a fair amount of rehab to make it appealing to renters and/or homeowners.  If I do an extensive rehab the property should hold it for at least a  year before selling i...

Lee Carrell Recommend a St. Louis, MO dealer for a natural gas furnace.
15 November 2018 | 0 replies

I am replacing my 75K BTU, 80% efficiency, natural gas furnace. I already have an installer who has recommended a dealer. I'm just looking for a few alternative dealers who may have a better deal on one.