Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...

We are under contract on a building that is 3 apartments and a storefront.  It will require pretty significant repairs including foundation and slate roof.  Because of all the particulars, it qualifies for both federa...

Hi I am trying to learn more about property developers. When a property developer finds an old property in a historic district of an urban area that currently has many code violations not safe for human habitation, is...

I'm looking to buy an 8 unit apartment complex and I noticed how a majority of the tenants are older senior citizens. Are there any tax benefits or tax credits like section 8 that are given to senior communities if I ...

Did you know about various tax credits available for real estate? These can range from credits for installing energy-efficient systems to rehabilitating historic properties. Each credit has specific qualifications and...

Hello,I am curious if anyone has done a rehab on a historic house. Being a registered historic structure, were you limited in any way? I do believe there are stricter rehab guidelines in regards to maintaining its ori...

Hi BP!I am having trouble finding a good explanation of what constitutes closing costs. What factors effect the amount of the closing costs? Is it based on the sales price of the property or the amount of the loan? Is...

Congress, US Treasury, and the IRS have been involved in a flurry of activity at year end. Congress passed the Taxpayer Certainty and Disaster Tax Relief Act which is effectively a tax extender bill, and then also pas...

Greetings Fellow BP Members:I've been hired to run some BOV (broker opinion of value) and have come across a really interesting one which is giving me some trouble. It's a building in Washington State, specifically Ki...

Hi all! I found BP by accident and amazed with the wealth of knowledge and information I have found so far so first off job well done to the creators and the awesome community out here!

Well here's my story: My busin...