For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...
NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now. Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handl...
I've had conflicting thoughts about starting this topic, but figured that my real estate life is pretty much an open book anyway, so here goes...
My wife and I are in the process of designing our new house th...
So what would you do?I purchased a value-add, 4 unit in Columbus Ohio last year. The building was completely occupied with rents way below market. A few months after buying the property we submetered all the utilities...
Hello Everyone,
Before I discovered this forum I was already looking to invest in real estate.
I am from Toronto Canada and looking to potentially invest in another province (New Brunswick).
I am working with a fel...
I am fairly new to BP and the wealth of information is absolutely amazing. Quick background on myself. I had several rental units prior to Hurricane Katrina (yes, from the New Orleans area) and all of them were wipe...
I have been looking for sfr deals for at least a month now and the agent I've been working with has been adamant that we only look at properties that have a basement and a garage. The problem with this howe...
I have just started with few rental duplexes and fourplexes and learned already from my mistakes to do thorough background check, quick eviction and provide quick service. But I do not want to make all possible mista...