Jeff Brown
Reducing Capital Gains with adjusted cost basis/ self contractor payment
Hey guys, this falls under a tax strategy question, however some of you may have had this scenario happen before.
I'm looking to sell a commercial property that has one renter in the building (business commercial). ...
Will F.
Bookkeeping Strategies - Prop Management, Landlording, BRRR, REI
Hi, I invest and manage about 40 units + locally and a couple OOS. I was wondering how most of you do your bookkeeping? I do a lot of rehabs, value-add properties etc. Occasional flip houses, and a lot of construct...
James Bradin
Refinance Small Multifamily Questions
Hey BP!I am currently trying to refinance one of my properties to hopefully pull out some of the cash I used on the downpayment/ rehab. I have owned the property for 2 years, I have done about $33,500 worth of rehab ...
Alex Cottman
Atlanta Beltline
I am a new investor in the Atlanta area looking to invest in the Beltline area. Has anyone have any experience investing in this area. And if so is there anything I should consider when doing so.
Tyler Smith
How much does a new roof effect the ARV on a SFH
I am in the process of doing a BRRRR on a SFH. The roof is relatively new (within 3 years old), but looks bad. Should I purchase a new roof for $6500 and hope that increases the ARV?My expected numbers on the SFH (wit...
Jennifer A.
Inherited tenants and rental increases/property updates
We are about to close on a duplex with rents which are under market. Current tenants pay $750. If we did nothing to the property we could rent it for $900. If I did a bit of updating, I could rent the units for at ...
Blake Rohrich
1st house flip, struggling to find a clear path where to reinvest
Hello everyone, I recently purchased my 1st investment property this last November. I used a conventional mortgage to purchase the property as my primary residence. I currently have 2 roommates helping me pay the mort...
Michael Shadow
Best way to setup quick books for multi-unit rentals
I'm interested in hearing how some of you are using quickbooks to manage rental properties. What's the best way to set it up?
Thanks,
Jonathan Berry
Questions for a CPA - Selling Personal Property and Tax Liability
I have what I think is a two-part question. So here is the scenario and hopefully it makes sense.If someone were coming into money from the proceeds of their primary residence (qualifying within the 3/5 years occupan...
Jim Murphy
Few Questions
Ok so my divorce is near done and I have about $ 100,000 after the agreement Nd I have selected the area that I wish to start investing in . I have read and listened to the weekend millionaire program which advocates...