I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All o...
Hello all, I recently bought a property from a family member which was seller-financed back in October. However, I noticed on the county's property assessment website that the sale price is listed as a zero dollar amo...
Hello all, I’m an out-of-state investor looking to make an all cash purchase on a single family home in Memphis TN. I currently own one financed single family investment property in Memphis. The returns here are attra...
Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties. Generally, the properties that benefit the most from a cost segregation ...
Rehab loan is needed for 55 Vernon Street, Bridgewater MA 02324. The property appraised for $265,000. I purchased it for $200,000 on 02/10/2023, I will need $100,000 rehab loan including a new septic system install. A...
Hello BP members! Does anyone have a sample estoppel letter they'd be willing to share? I am purchasing a duplex tenants in place. Thanks in advance!
About the house of his dreams may have found preparations for the purchase arrangements. These are essentially the same as in the rest of the world, the differences lie in the details.
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Hey guys. I am kind of an Excel nerd and spent some time putting together a cash flow model for passive (with a property manager) rental properties. Can you guys please review my math and let me know if there are any ...
I have already started a 1031 exchange to sell my property and have accept a cash offer for same. Closing is on 4/7/2022 but two lenders are telling me that my DTI is over 50%. My fear now is to close and will not be...
Hi, I'm trying to figure out the proper way to vest title for a purchase of real estate within my self-directed 401k. Unlike an SD IRA there is no custodian; I am the employer (sole proprietorship) and trustee. The ...