Rami Santrisi
Buy & rehab last year, sell this year, what to do for taxes?
Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
Dale Snider
Syndication with a Self Directed Roth IRA
BP Teammates, I’ve an opportunity to buy into a large syndication deal and I want to use my Roth IRA. I’m currently looking at all the BP posts about SDIRAs and have not yet seen one discussing buying into a syndicati...
David MIller
1 property in a 1031 exchange to 2 properties possible?
Hey BP my mom is thinking of the future and eventually selling her home, it's worth about 1.5-1.7 million. I was wondering, for a 1031, is possibly to spilt it in 2 two properties? Let's say 2 750k properties? Or must...
Ryan Ricciardelli
Where are the best markets for cashflow?
Hello All, I am a relatively new Boston based real estate investor. I currently own two properties in Boston but the local market is very expensive and I am looking to increase my portfolio's cash flow. My thought ...
Brian Volland
Tenant Qualification Scorecard
tl;dr Soon to be newbie self managing. I'm scared to death of lawfully having to choose a borderline acceptable tenant over a highly qualified one. Made a scorecard to pick most qualified; pick it apart.So as I start ...
Account Closed
Beginning to unwind (Retirement)
After 40 years or so, it is time to let the rentals go .. Have collected rentals over my working life and managed them myself( since retiring 20+ years ago), and am finding it more and more difficult to keep up with t...
Teryn Owensby
First Flip gone terribly wrong NEED HELP PLEASE
Hello,I am in desperate need of advice on what to do. If anyone can help please advise. My husband and I purchased our first investment property in January of this year. Our renovation was supposed to cost approx. 58,...
Clayton Hepler
POLL: Areas to avoid in PGH - Guidance for new and old investors
POLL: What are the areas to NOT invest in in Pittsburgh and the surround areas? This can be defined at C- or below areas that are the biggest headaches. There is a lot of speculation in the market today with the "next...
Todd Powell
SEEKING INPUT! Been chasing RE investing and retirement dreams!
Hoping investors with experience can advise me here. Or, any new investor comments or insights are welcome.My story in a compressed version. I have been managing car dealerships since 27 years old--1995--but have alwa...
Ryan Dossey
Ethical/Safe Sub2?
I've got a lead I'm working that this really appears to be the only option. Mortgage has a balance of 84k ARV is around 110k. Repairs for retail are 30k. Rental would be right at 8k. They have health issues and are wa...