Ows News
Impossible to Succeed
I think it is impossible to succeed in Bankruptcy Auction. The banks agent will always bid what the loan value that the bank is currently on the hook for. Has anyone been able to go to an auction and ACTUALLY made mon...
Caroline Davis
5 HOUSING MARKETS THAT ARE HOLDING UP IN THE SLOWDOWN
Thought I would share this information. Huntsville AL holding up in the slowdown.HOME > DATA & ANALYSIS > 5 HOUSING MARKETS THAT ARE HOLDING UP IN THE SLOWDOWN
Data & Analysis
BUILDER
5 HOUSING MARKE...
James Li
Same Owner Distribution Amount from Mobile Home Park Syndication
Hi All,I have a question about the mobile home park syndication. From one syndication deal, I constantly received the same amount of the owner distribution each month as an LP. I did also invest in some other multifam...
Jaysson Brooks
CARES ACT: Penalty Free $100K Loan from 401K?
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
Trevor Hatchard
Corona Related Distribution (401K Distrubtion)
Hey y'all,
Looking for any help and advice with this process, I want to use my 401K Schwabb from my previous employer and reinvest it into a multifamily property in southern california. I understand this takes creati...
Dick Rosen
Rental Sales Tax in Arizona
I'm looking for some feedback from rental property owners as well as property managers, specifically in Arizona. As you all know most cities in Maricopa County and some in Pinal County have a rental sales tax. I'd bee...
Ben T.
How To Avoid Tax Penalty When Selling A Rental Property
Hello - I will send a rental property this year. LT gain expected of about $200k. My wife and I are above $150k AGI.
Can one please explain to me how to avoid underpayment penalty? I am confused with “quarterly esti...
Antoine Baisy
First HouseHacking Questions
Hello BP, I am currently in the process of buying my first residence in Houston, TX (and ever). In order to make the most out of this purchase, I would like for it to provide some sort of cash flow. You know what that...
Kurt Stein
Cost Basis for Depreciation
Hi BP,
I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...
Charlotte Dunford
Deal structure fair?
Good evening. Below is a scenario for a syndication deal. Would you say the following ownership/profit split structure is fair? Should I share the acquisition fee paid to me with my operative partner? How would you ch...