Do you all as buy/fix/flippers consider a 35% return on spent money (purchase price and repairs) as solid? What is everyone's target? I know many appreciate a simple 10% immediate return. Thoughts?
One Common Question I get from investors both out of state and local about building and investing is where should they. Normally, they ask:What areas are appreciating at greater than 20% historically per year?The colu...
Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...
I searched for detailed information regarding this before posting, but was hoping for some more distinct answers. I have 8 units right now in Kansas under one LLC and have a W-2 job. I also have several friends (some ...
looking to purchase a duplex to live in one unit and rent out the other in the greater Boston area. I intend to live there for 2 years and then rent it for 3. Having lived in it for 2 of the last 5 years i would be ex...
Let's say my wife an I are general managers of an LLC who buys a single family home. The contract price is 100,000. We put 20,000$ of materials and labor into it. We then rent it out for 12 months and cash flow 10,...
Hi BP Fam, I have a couple questions regarding my grandparents house, If there is any info you have or could point me in the right direction that would be greatly appreciated. Both of my grandparents have both now pas...
I have a new construction STR that will be completed and placed in service this year. I understand that none of my expenses are deductible until the property is placed in service, and that all construction expenses an...
If so, I assume all cash flow (in & out...that is, income and expenses) must come into and be paid out of the IRA account, yes?
Advantages/disadvantages?
I have invested in a few syndication deals in the last few years, and three of them are ending or have ended this year. How are the final distributions taxed? Assuming there's depreciation recapture, will the deprecia...