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Hello All,I have been investing for the last 4 years in real estate and am on the way to purchasing my 3rd property (a flip :)I am having a hard time knowing how I should organize my incomes, expenses, taxes, ect for ...
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Good evening I’m a complete novice and need the opinions of the experts. I’m looking to purchase a certificate on a multi unit condo building and need to know if it is worth purhasing. The certificate cost is 166.69, ...
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After listening to the first couple pod casts here on BP, I heard a few people mention the Rich Dad - Poor Dad book so I picked it up the other day. So I was wondering if anyone had another book recommendations that w...
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Hi BP!
Putting this in a different forum to hopefully get some answers. I actually have 2 properties under contract via virtual wholesaling!! It's the same seller. One of the properties is solely in the widow's trust...
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Ideally when you sell a RTO home, you are selling the home, the neighborhood and the FINANCING.
You need to focus on your USP, or Ultimate Selling Proposition.
And be DIFFERENTIATING yourself from selling just house...
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I am leasing a property that is in my name to an LLC who will then be subleasing the property out as a furnished short-term rental. I know that landlords don't pay self employment taxes, anyone know if an LLC that sub...
I have a tenant that is two months' behind on her rent. Additionally, her lease ended on the June 30th. It's now July 3rd. There is no provision in the lease for a month-to-month tenancy at the end of the lease. I...
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I own and manage a duplex neighborhood with 12 doors in Texas. I currently do my own bookkeeping with a pencil and ledgers. Does anyone have any recommendations for landlord software or templates (like Excel)? I am ha...
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Many of us plan to leave a good portion of our estates to charities. Charitable Remainder Trusts can be good vehicles for this while reducing taxes. Here are two articles I found. Link to original article at the ...
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Hello BP,I would like to ask some newbie questions, *Is there a typical percentage you pay on taxes for the profits you make from your rentals? If so, how would I determine how much I will be paying in taxes to budget...