Jeffrey Ma
STR Strategy for Chicago No Licensed Needed
Investment Info:
Other other investment.
Purchase price: $2,100
Cash invested: $8,000
A STR Arbitrage, leasing for $2100 and leasing out for $3200 . Fully furnished 2 bed 1 bath apartment. Focusing o...
Naveen Desai
Insurance claim and received funds and not spent. is it taxed?
Hi, In 2017, I had to make an insurance claim for roof damage and received funds. I am still exploring contractors to help me with roof fixes. So effectively, I did not spend the amount received from Insurance. W...
Kenny Nevarez
First duplex rental property in the bag!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $233,000
Cash invested: $46,000
First rental property as a cashflowing duplex. Went from looking for 3-4plex...
Angelo Cortez
Claim paintings as furnishings for STR for Schedule C?
Hi BP Community,I collect paintings. Paid ~3.5k of paintings last year. If I put them in my STR, can I write them off on my Schedule C?
Manuel D rodriguez mendez
Unleashing the Potential of Real Estate Investing: Let's Connect, Learn, and Thrive
Hey there, amazing real estate community!
I hope everyone is doing fantastic and ready to embark on an exciting journey of real estate investing. I wanted to take a moment to introduce myself and invite you all to jo...
Ean Savoy
Multi-Family Performance Questions
Running numbers on a small multi-family and have general figures for most line items but looking for thoughts/strategies on targeting value after improvements have been made and performance has been improved. How do ...
Krista Lance
Seeking advice on utilizing solo 401k with a small balance
Hi, I've just set up my Solo 401k, using funds from a previous employers retirement account. The current value is small: $12,500. I am struggling to find a way to utilize these funds in investments because the value i...
Gregg Stewart
Greetings from Long Island, NY,
My journey into the world of real estate investing is just beginning, and I'm thrilled to connect with like-minded individuals. By day, I'm deeply entrenched in software technical support, specializing in automation, ...
Edward Mccracken
Telling a bankruptcy attorney he is wrong when including home
I came across a nice looking vacant house in my investing area. I did some research, to find out a company that is known to do fraudulent foreclosures, started to foreclose on the homeowner then dismissed the case. ...
Maiko Miyake
Could LLC harm the chance of getting mortgage?
I was just talking to a CPA about setting up an LLC to hold my investment property. He cautioned me of this approach (although he thinks it makes sense from asset protection stand point) lenders may not give me mortg...