Samantha Klein
Tenant says there is very minimal hot water in upstairs unit
I have an upstairs unit in a duplex and my tenant just texted and said there is no hot water, she said it gets slightly warm but that's it, there is a separate water heater under the cabinet in the kitchen next to the...
Joseph Tipa
How to minimize unforeseen forclosures prior to closing on a deal
Hello BP. I bought a house and prior to closing on the deal, my agent said the ARV will be XXX. I closed on the deal and started the rehab. Well unfortunately during the rehab we had some foreclosures that popped up f...
Julie Muse
Quick Flip Success on Pala Mesa Drive: Minimal Investment, Maximum Return!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $185,000
Cash invested: $500
Sale price: $234,000
Contributors:
Peter Vekselman
Partner Driven,...
Erik Kubec
Solo 401k, LLC taxed as a sole prop, tax minimization strategy
Hey folks,Any thoughts on the efficacy of this strategy?:We own several SFD rental properties held in our names. We file jointly a 1040.I have a single member LLC taxed as a sole prop. This LLC holds another propert...
Jian Lin
Any book suggestions?
Hello everyone, thank you in advance for taking the time to read and answer my question! Just wondering, was there a specific book/lecture, real estate or not, that gave you a sense of direction in the field of real e...
Managing tenants can be a real pain.
Trust me.
However, on this episode of the BiggerPockets Podcast we sit down with a full time property manager to talk about the business of managing tenants - and discover wa...
Craig Poskus
What to do when you fail the de minimis safe harbor election test
Good morning everyone!I think I have a unique situation in that I do not qualify for the de minimis safe harbor election test. Now the cost of each of my items is below $2,500, however I don't believe I meet the othe...
Charles Wesley
Selling RE - how can I minimize tax burden? something like a 1031
This is my first post folks so I hope I'm in the right place. I sure do appreciate hearing other perspectives from all the creative minds on this forum so thank you in advance!I have a vacant parcel of commercial lan...
Justin Michael Johnson
How do I minimize my losses and return a NEW, FINANCED CAR
I have been heavily educating myself and have now started down my road to Financial Freedom. What is the best way to take minimal losses on a brand new 2018 vehicle? I realize now, that I made a huge mistake buying ne...