Robert Shearer
Using Credit Cards As Additional Capital
Hello BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...
Diana Froster
Why are cash flow and equity accrual added together for the total return calculation?
Hi BP! I'm currently referencing J Scott and Dave Meyer's buy and hold spreadsheet found here - https://www.biggerpockets.com/files/user/kayleebp/file/real-... while reading their real estate by the numbers book.Overa...
Peter Halliday
Fair market valuation for IRA LLC containing notes
I read that the Fair Market Value for the IRA LLC is basically a combination of theFfair Market Value of the assets. Notes I read are valued based on the UPB and unpaid interest. I wanted to check if that’s how most...
Lolita Ellis
Florida Landlord Tenant Courts
Landlord in Fort Lauderdale, tenant did not pay. Started eviction process, attorneys drafted an agreement for tenant to sign to pay lump sum due, court fees, agree to 6 month probation - stating if tenant is late one ...
Nathan H.
Question on treatment of interest expense paid in year of sale
Hello BP community, I'm wondering if anyone knows how to treat interest expense on an investment property. The scenario is that the interest was accrued in prior years, therefore not deducted, but was paid upon the sa...
Barrett Starling
Laws on Escrow accounts
I am currently renting in Montgomery County, MD and my lease is due to expire at the end of the month. I have been a tenant since 2009 and my landlord has held the same deposit for 3 different lease terms. As we have ...
Germán Rimoldi
Tax Breaks Investing OVERSEAS
Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. Fo...
Cooper Marcus
Real Estate Professional - timing of events during the year?
Last year I owned no rental property and spent little time on real estate. This year I will acquire at least one rental property and meet the qualifications for both Real Estate Professional and Material Participation...
Jason W.
Prepayment Interpretation for 30 Year P&I Note
I just came across a lien note with the following language “Prepayments will be applied to installments on the last maturing principal, and interest on that prepaid principal will immediately cease to accrue.”
I had ...
Barrington Duncan
Hard money Analysis: Please HELP
The loan is 8 points and 10% interest only, based on a 30 year amortization. All rolled into the loan and whatever you don't accrue, is credited back to you at payoff.
This is what the fees are for from a Hard Money ...