Hoping someone with syndication and tax knowledge can answer my question. My first LP multi-family syndication deal sold for a profit in 2022. When I sum up the tax losses claimed during the first 2 years of the deal ...
I just received a weird request from one of my sellers. My seller is currently receiving Medicare. I just received a call from one of my buyers who's willing to buy the house. However, my seller asked if the purcha...
For those of you that rely on section 8 tenants, what are your thoughts about the effects that Trump's administration cutting section 8 funding will have? Personally, I don' think the net effect will be all that larg...
I'm the process of locating owners for abandoned property. After speaking to a few neighbors, it is assumed that the owners are deceased. I checked the taxes and sure enough no taxes have been paid in four years. I wa...
I always thought I did a good job of screening, gut checking, red flag observing – the usual seasoned Landlord stuff. My process:Credit check, criminal check, social security verification, former Landlord verification...
Greetings BP,
I have a grass roots lead in a very nice neighborhood in Portland, OR.
The homeowner hasn't made payment in 4 years! The unpaid principal balance represents just about my exact MAO in orde...
My wife and I are considering getting a home closer to her family to stay in for extended periods and holidays. The current option that we are looking at is buy, live in 1-2 months of the year, convert to MTR or STR...
I am wondering if there has been any real solid resolution on this topic. My CPA has instructed me that the auto expenses (at least the proportion used for rental activities), overhead such as office supplies, sof...
http://www.cnbc.com/2016/12/01/heads-up-homeowners-mortgage-interest-deduction-on-trumps-chopping-block.htmlThe mortgage interest deduction is already capped at loans up to $1 million if you're married and filing join...
My husband and I are both doctors and have high six figure income from our practices. However, most of our income comes from managing other doctors working for us rather than us personally working clinically in our of...