I would really appreciate any opinions on a new business venture. I think it's fairly straight forward as these things go, but it's new territory for me and I want to know the tax implications before taking the plung...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $144,900
Cash invested: $32,475
Sale price: $220,000
This was a fairly straight forward project:
- New floors ...
Hey Everyone at BP!I am new to BP and I'm excited to let everyone know of my recent success!I purchased my first home which was 3 bed/1 bath townhome, it was in very bad shape and needed a full cosmetic overhaul(pictu...
So I was doing some research on the value add of an addition and was wondering if I'm missing something. Was looking at adding a ~400 sqft addition to a 2 bed 1 bath to make it a 3 bed 2 bath (it's a second floor addi...
I'm a new construction developer in the greater Atlanta area. As of recently I've only built single family and multifamily residences to sell. I'm now looking to build a small apartment complex of 12 units (3 quadplex...
I was wanting to set up an LLC in California on LegalZoom for myself. No other members, just me. Will open a bank account under the LLC name.But some say it's really risky to do without an attorney, and will come back...
Hello BP Family! Gotta love the "Related Forum Discussions" tool. As soon as you think you have a novel concept, its there waiting to let you know someone has done it before haha. Which is actually good because I got ...
Hi all,My first post here on BiggerPockets. Fantastic site, wish I had found it sooner. I decided that I today had to post on this forum and would start with a question about your take on investment strategies in Denm...
Hello Everyone,
Has anyone used the BP rental property calculator for multifamily buildings over 50 units? Does it work well for those calculations? Is to cumbersome since you have to enter each unit?
Thanks for you...
I'm in a bit of a conundrum. My wife and I purchased 10 acres in Rockford, MI back in January of 2021. We closed on a construction loan to build a 5000+ square foot barndominium. However, we picked the wrong contracto...