I'm wondering what financial metrics are important for landlords? Most landlords like to know the equity building on their property. After all, buy and rent out properties as part of their long term strategy. But ther...
While reading an article on The Motley Fool last weekend about Warren Buffett’s sage advice on investing in the stock market got me thinking. Like most investors, I’m always comparing “the market” to real estate inves...
Hello BP,I've been asked by a religious organization that owns several acres of land to help them develop an 80+ unit, 55+ community.I've never developed on "Tax Exempt" religious property before and I'm not sure the ...
Sorry this is a repost.We bid a renovation project to 3 GCs. I have only received 1 response so far. But the GC accidentally sent me a breakdown of his subs cost associated with the project with his mark up 45% pl...
I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...
(I'm copying this over from the buying/selling forum)I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft manufactured home, basically a double-wide trailer, that has very dated decor, drop ceiling, and i...
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...