I have a contract on a single family residential property located in South Florida intended as a rental unit. It was constructed in the 1950s. I ordered a standard inspection and the inspection firm immediately reco...
February 29th, 2024 HUD announced changes to:
Support Affordability for Manufactured Homes and Communities
Here are some of my thoughts: continued pushing for programs to allow the owners of the homes the abilit...
Hello BP'ers,We recently were offered an opportunity to lease-up and manage an apartment complex that is in the works. It is an old warehouse that is being converted to 70+ units. We have been tasked with trying to ...
I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...
Looking at a deal that's combination laundromat and self-storage with owned land. Broker and owner didn't break out the parts but priced it as a whole; however, since self-storage generally includes real estate but wi...
How important are school districts to you when shopping for rentals?
Also, rather than districts, how about individual schools? Districts here are huge. How do you determine if the schools assigned to the property ad...
I'm hoping someone can give me some insight to this rather individualized question. I own a 2 story duplex and rent the 1st floor and live on the second floor. In 2017 I built a laundry room with hook-ups for both m...
I'm starting out wholesaling houses, but one of my concerns is how to protect your earned money. Definitely I understand that everyone needs to pay taxes, but which would be a way to protect the money as much as you c...
I know many on here are fans of Solo K plans. I cant find too much detailed info online and even my tax guy is not too familiar with them. So let me post my questions here for the experts
1. Does having pass...
We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...