My insurance broker and I are not seeing eye-to-eye lately. I own about 15 duplexes and I've always felt like I paid a little too much on insurance because I always paid more than anyone else I knew. I never really th...
Hi,I acquired a rental on cash for $100k few years ago and it has tenants.The property is worth 200k. so my gain is 100k.What is best option I have to defer any tax gain.1- Buy another project for flip using 1031 and ...
I thought about posting this in the tax forum but realized this is more along the lines of a general or landlording topic.Do you guys do patch/mend/repairs on a property shorty after escrow to count it as the "cost ba...
I prefer to fix and flip and want to use an SDIRA for additional capital to increase my number of concurrent projects. Eventually I would then hold some property in the SDIRA. Most of the research on SDIRAs has led me...
Good Morning!I am in the process of buying my first rental property in Kansas City. I have been recommended Affinity Insurance for my Dwelling Fire policy as I hear they have a good product. Does anyone have a good co...
We recently finished a 1031. I am just curious if anyone knows what happens if in a 1031 after you ID properties/go into escrow what happens if you are below the number you are suppose to hit. Obviously we went over b...
Hello fellow BP community,Is it fine if I obtain a rental property under my own name and then at a later date shelter that under an LLC or INC. structure?Or is it better to get it under the LLC or INC. from the very b...
Hey BP Friends,I just closed on 9 properties in 5 months via 2x 1031. I try to not toot my horn (Toot Toot) but those 5 months sucked with daily tasks from the lender (sign this, sign that, write this “to whom it may ...
Hi all, new here and just starting out, and have a bunch of really basic questions so please bear with me :)If I were to buy an old property that is past its depreciation period, is there any form of depreciation I wo...
Thank you in advance for any help with this!We are currently looking to perhaps change our insurance company for our investment properties. Any suggestions on companies we should contact?Also, we currently carry repl...