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The IRS released their 2022 list of “Dirty Dozen” tax scams for taxpayers to watch out for. There are many schemes out there that are advertised to create a large amount of tax savings. We are seeing more and more of ...
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Hello all,I am in the process of building a metal garage for vehicle and general storage, as well as to have a little place to have gatherings. This is more of a need than a want as we have two outbuildings used for s...
Hi BP! This question is for my mother-in-law. She worked at a commercial real estate company before retiring. In 2001 they gave her a small share of a building and she's been waiting for a buyout. Trading is done w...
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If I take out a loan to fund an investment in a notes fund, is the interest paid on the loan "investment interest" that goes on Schedule A or "passive interest" that goes on Schedule E?I found the following in "The CP...
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My wife and I own 10 condos in Santa Fe. Three of them are 1- bedrooms. We paid about 28k for each less than a year ago. Overall, we are making about 11% return. Recently Another owner expressed an interest in buyi...
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I have been a real estate investor for about 8 yrs and i just wanted to branch to a different kind of investing....Non-performing notes/debt.Can anyone give me some pointers?
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Hi BP! I was days away from a Seller Finance Deal and after talking to his attorney his attorney told him it wasn't a good ideal to do the deal this way and to get all the money at one time. What should i go back and...
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I have read multiple books on no money out of the investors pocket to buy real estate. However, after over 2 years of looking for deals I have not been able to find how to get funding without coming out of pocket for ...
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I am about 65 and thinking of retiring in about a year. I have in the last year bought one house and one duplex (60K and 30K) ($850 rent and $350x2 rent) ( I presently like my property manager.). I have about a mil...
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Has anyone bought a 2/1 and added an extra bedroom to increase rents? I know every market is different, but in general is it worth the extra investment to bring higher rent amounts? Any Denver peeps have experience wi...