DearBP Community, As a young investor and new to the REI world, I need some advice on a situation at one of the investment properties I currently own. I have tenants that moved in not too long ago with her five kids, ...
I have been interested in getting involved with buy and hold real estate for some time now, and an opportunity has jumped into my lap from a family member. The only issue is the price is 400k and I need to figure out ...
I have 9 rental homes which I have been entering seperately on parts A,B & C of three different pages of Schedule E on my Income Taxes. Expenses which are exclusive to a particular house are listed for that house...
Hi BP team
I am looking at purchasing 4 properties in the next 30 days but would like to put them in an LLC with my investment partner. Primarily to protect my other assets but also so we can claim expenses for taxes...
I know that I am limited to placing $5,500 per year into an IRA. But it appears that I can still put money in and have it count for 2016 if I do it before the tax filing deadline, right? So can I open an IRA, max it o...
Hello everybody, I'm new in BP. This question may be basic and simple for all of you, but here it goes. My short term goal is closing wholesale deals. This real estate strategy is new for me. I've evaluated many, many...
so, my tenant emailed me a "declaration form" basically saying he's gonna not be paying rent. I've met with my accountant and was informed that it's a legitimate document. This question I have is besides the point. My...
So this how the deal is structure currently getting 3/1 883 sq ft under contract for 29400...it has a arv of 80,000 repairs cost I can't say exact roughly around 15-20,000.Really don't know how much work goes into reh...
Im currently working on a condo conversion project in Louisiana. 2 units into one. Im using a hard money loan and expect construction to be finished around April and closing to be 2/28. I then plan on having it be a s...
Hello everybody,
This forum has been incredibly helpful lately. I was looking to get some more information/help from people experienced with the SBA 7(a) loan process.
My business partner and I recently formed an LL...