Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
This cabin is in the sierras near Giant Sequoia National Monument. I identified a nice cabin in a nice area that I was going to offer $500k to STR it. Bonus I found a co-host with a presence in the area that would co...
Andrew Hofing
Is it illegal to simply assign contract as a non-licensed investor in PA?
A real estate attorney @ one my REI groups talked about the legalities of wholesaling in Pa and he said that negotiating the sale and simply assigning the contract via back to back closing for a fee is acting as a R.E...
Joe Boggin
any truth in this deal? philadelphia sheriff sale...
ive been going back and forth with a wholesaler based in philadelphia. he is pushing for me to purchase a property that he aquired via sheriff sale in philadelphia. he is pushing not in a shady sleezy sense but i...
Victor Omoniyi
Can bonus depreciation be claimed the next year after an asset is placed in service?
If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
Jean Rosen
Do I need an STR license for a unit in a "HOTEL CONDOMINIUM"?
Hello. I just bought a unit that is inside a building designated as "A HOTEL CONDOMINIUM".I was told that I need to get all of the following in order to use it as a STR:- Florida department of revenue - sales and use ...
Dennis Gallof
Anybody use Avalara (MyLodgeTax) in Miami? Worth it?
Hi,I'm in the closing process of a unit I purchased in Miami, I believe Airbnb/VRBO/etc. collect taxes on each booking but I'm kind of lost on what type of taxes I have to pay to Miami. I came across the Avalara (MyL...
AJ Shepard
Oregon CAT - any other states have this?
New as of 2020 in Oregon CAT (Corporate Activities Tax)Seems like it’s going to charge .57% of revenue over 1million. Just curious if there are other states out there that have dealt with this before and if there are...
Rufus White
Turning Current House Into Rental Property
Hello, I am currently new to BP, but have been listening to the podcast for several weeks. My wife and I currently live in a nice neighborhood in a 1200 ft 2 bedroom 1 bath, on about a third of an acre. We have about ...
Charles Thurber
Arrangement on Potential Investing Partnership
Hello everyone,Outside of my current investment-team in PHX & DAL, I have suddenly come-across an opportunity to find & oversee flip/hold deals in a separate city that I reside in for part of the year. Becaus...
Julio Gonzalez
Don't Overlook These 5 Tax Incentives!
Real estate investing can be very complex and while there are many things for investors to keep track of and pay attention to, make sure you aren’t overlooking these 5 tax incentives! You could be missing out on tax c...