I am starting to do my tax planning for the year....ERRRRI am trying to figure out how much I can deduct from a BRRR project. I am not clear on the de minims vs 179 vs bonus depreciation vs 27.5 years depreciation My ...
If I plan to use funds in my Solo 401K to invest in a turnkey rental property (meaning a property that is rehabbed by a 3rd party, purchased by my 401K, and managed by a 3rd party) is that considered a "passive" in...
Hey BP,I hear mixed reviews on doing lease option or subject to deals.I am hoping some one can finally nail this down for me and explain the correct way to structure a lease option contract (subject to the existing lo...
Hello,As you know, the cash flow after debt service will go up or down depending on the rate you are paying and hence the monthly mortgage.Rates go up and down, but will likely go up in the future.For someone who's pl...
Hello everyone, I am currently learning more about Subject to and seller finance deals. One thing that I'm struggling to learn is how to approach a seller about this. When I find properties in pre foreclosure, is that...
I'm currently seeking out help. To help me understand step by step how to determine my Arv on a property i'm currently looking at for a possible great deal, as well as coming up with cost I can offer on the property.....
Interested in flipping houses. I don’t understand how to make any money at it due to the capital gains tax.
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
I've tried to search and haven't seen exactly what I am after, so I thought I would bring this to the group. After many, many years of owning our own rental properties and filing our federal returns, utilizing Schedul...
Hey BP! I have a few questions for more experienced guys and I'm hoping for some help. Thanks in advance! Here goes:I have an experienced small business owner in the family looking to get into a new business (fast foo...