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After reading on here I was initially thinking LLC taxed as an S corp but My tax guy says just use a sole proprietor with Good Insurance policy. It has the Least start up and yearly maintenance cost and an LLC would n...
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Good Morning ladies and gents!Im a new investor. And I am looking to add some great books 📚 to my portfolio. And any other books you wish you did read when you first starting out and why. “ I did see the books Bigge...
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Not my first rehab but my first one to document start to finish here on BP. I figured since this was such a huge undertaking for me I should share with everyone. Story for this one was that I had noticed this property...
If a commercial property is appraised for more than $800K but the sale price is $600K for me will the bank finance $600K?Thanks
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Investment Info:
Single-family residence buy & hold investment in Cleveland.
Purchase price: $120,000
Cash invested: $150,000
Purchased property for $120k. Remodel of bathroom, kitchen, new floor...
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Investment Info:
Single-family residence buy & hold investment in Atlanta.
Purchase price: $123,000
I bought my first home when I was 22, great location, great price, and will be turning it back into...
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Investment Info:
Single-family residence buy & hold investment in Milwaukee.
Purchase price: $47,000
Cash invested: $47,000
This house was part of a package deal have put an offer on.
As part of...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $121,669
Cash invested: $30,000
Sale price: $240,000
Beautiful October 2020 Renovated Charm, open floor plan, 4...
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Hi everyone, question around tax deductions for investment properties. We purchased our first investment property last year and just met with our accountant to file our taxes. He informed us we cannot deduct any of ...
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I've been binge watching the askbp episodes on youtube as well as HGTV the past couple of days. My wife and I finally have a working financial plan to save moneh for a house. Within the next two years we would be read...