If I purchase a home as a rental property (just a standard purchase with my LLC, using proceeds/cash from another rental property sale, but not using an actual 1031 exchange), and almost immediately move into it and c...
I and trying to buy my first property. 2 bedroom duplex in Philadelphia. I found the listing inspected the property and made an offer. The original asking price was 25k I doubled the offer to 50k because of the condit...
Today I discovered the Augusta Rule. This is how it works: If you're a business owner and you use your home to host business clients or business meetings, you can charge your business for the use of your personal home...
This fairly simple change in the tax law created some confusion that I want to clear.
The basic rules for deducting business meals have not changed. The only change is that you get to deduct 100% of it, as opposed to...
My plan is to use the buy, fix, and hold strategy. I've networked with some wholesalers, contractors, and lenders and have been approved for financing. I'm seeking some unbiased advice before I get my first propert...
Of course, the 70% - repairs - fee rule applies for analyzing potential rehab and resale deals....
However, I'm curious to know what calculations other wholesalers are using when determining income property MAO? (for...
Good Afternoon BP,I have begun the process to learn and develop real estate investment strategies, and am interested in starting with rental properties in the Baltimore area. I was hoping that anyone that has become a...
None of the following applies to cash flow properties. This is a set of observations on creating an optimal strategy for 'forced appreciation.'1. People will take on a ton of debt. Whatever your feelings are about ...
I posted a few weeks ago about a triplex I was trying to buy in Southern Indiana. I have only done flips, never been a landlord. I have a lot of anxiety about doing this for the first time. I have two questions: I pre...
Hello all!
I have been exploring financing options. The goal is to BRRRR a property. I have enough saved for a conventional 20% down loan for a property around $250K (would be an out of state inventment). However, I ...