Hai Le
Do "the rules" REI even apply in California
Newbie here practicing analyzing some properties in socal, particularly Inland Empire). I'm trying to implement the percent rules (2%, 70%, and 50%) but not even coming close with the property values. What percentages...
Clara Settje
Los Angeles RSO applied to ADU and roommates?
I recently completed an ADU renovation on my property in Los Angeles and am hoping to rent it out most of the year. I received an RSO bill and am not sure if I qualify for an exemption. I rent my front house out to ro...
James Fisher
Is rental income applied to social security earnings?
I feel like I should know this already, but am drawing a blank.As an example:John is 35 and has worked for 20 years. He has enough 'good' years to draw social security when he hits 65 (or whatever). Also, John has ...
David Harrison
Does 1% still apply for buy and hold?
Just getting started on my property management journey and was hoping to get some clarification. My goal is to invest in a few rental properties, and essentially have tenants pay mortgage and repairs. Once I am reti...
Tommy Dee
Use Holding Company LLC To Apply For Mortgages
Getting started in real estate investing. Trying to figure out how to structure what I'm hoping to build.I've owned a decently successful online retail business for 10 years. I understand, and have read more about t...
Will Sifert
Tax lien states - apply for deed or lawsuit?
For Tax Lien States....
After the redemption period expires, do you apply to the county treasure for a deed? I know some tax lien states do it this way, just not sure how many.
In Louisiana we do it differently. N...
Michael Dunn
1 year O.O. rule apply to Renting as
it does to when you can sell your house ? I'm getting ready to purchase my furst property , with the intention of Renting the property and cash flowing the differnce between my PITI monthly payment and what I can ren...
Caitlin Worrell
Applying for personal SFH mortgage after house hacking
My husband and I have been house hacking a duplex for the past three years. We financed the duplex are currently at ~70% LTV. It has been a great financial decision for us and a great entree into REI.In the next 2-3 y...
Chris Martin
UBIT only applies to property held <12 months?
Seems to me, reading the instructions for form 990-T, that UBIT only applies to assets held less than a year. In the instructions for Line 4a—Capital Gain Net Income, the IRS says:
Generally, organizations require...
Kris Benson
Does the 50% Rule Apply for New Construction?
BP Team,
We are doing the underwriting on a development project where we hope to build 2 new 8 unit buildings with Class A apartment housing.
My question is what has your experience is with the "50% Rul...