Daniel B.
Rental Property losses carry over
Hi, My understanding is that a rental property loss carry over can be used to offset future passive income. Can this be carried over to increase the losses of a future year? I believe if AGI is $100,000 or less,...
Sam Rogers
Charlottesville, VA. Airbnb regulations
I'm thinking about starting an AirBnB business in Charlottesville, VA, but it seems rather hostile to AirBnB hosts. Does anyone have experience working in Charlottesville specifically or other areas with strict regula...
Erik Gladish
How can this Deal Make Sense
Hello Smart Money!I have a seller who has an off market property and she would consider owner finance and a creative strategy. She bought thr property 3/9/22 for $999,000Has a $590,000 MortgageThe property has a sepe...
Caden Glenn
Realistic Cost of House Hacking
I am 18 years old and plan to buy my first multifamily house hack in the next year or so. I am wondering what to realistically expect it to cost. I know that it is 3.5% down payment with an fha loan. Closing costs abo...
Matthew Hoffman
Refinance analysis tool to refine underwriting
Let's say I'm looking at a deal today and want to embed my loan assumptions into the deal. Then I want to look at what a refi could look at various points of time in the future. For example, if I think rates will drop...
Timothy W.
Obama stumbled into aiding BP
Ok, I'm going to admit that my first thought was the 20 billion dollar escrow fund was a load of crap. I thought it was a shakedown without any due process. I was thinking, like any conservative republican would thi...
John Warren
Deal or Pig?
Hello!I recently closed on my first property, a fully rented four unit building, and I am looking to pick up my second property. I am low on cash as I am finishing a variety of inspection issues with the town. The thr...
Gregory Schwartz
What is your competitive advantage?!
BP,As motivated investors, we should focus and act on our strengths. Here are mine:-I follow and interact on BP-I started this journey in my 20s-I have a wife who actively participates (and she's smart)-I have a good ...
Joyce Ong
Pros and Cons of buying property through LLC and individual
My boyfriend and I are exploring the most efficient way to invest in property. We notice some people purchase it as individual but some rather purchase it through LLC. I find this very interesting as I always thought ...
Ricardo R.
Help with Converting a Multifamily Apartment Deal
Hi everyone, I have my sights set on an 6 unit multifamily apartment building and am wondering it it makes sense to split it into two 3 unit apartment buildings. I would really like to hear everyone's opinion on this ...