Ronnie McClain
Investor Meet-ups in Austin, San Antonio and Houston?
Hi everyone,I am familiar with most of the meetings in Austin but I was hoping to get some insight on where some weekly/monthly investor meet ups might be in the San Antonio and Houston areas? Thanks ahead of time!
Joe Doman
Tax help on duplex that used to be owner occupied
Hello everyone,Seems like this might be a question for a CPA, but wanted to hear from BP members.In 2012 I bought a duplex where i lived in one side and rented out the other. In 2013 remodeled the bathroom for $5,000 ...
Melanie Clift
Looking for first flip, no money, need funding!
My partners and I are new to real estate investing. We're trying to figure the whole private lender, hard money lender, etc thing out. My partner met with a banker today and he suggested we take out a HELOC against ou...
Nathan Saetveit
Home office - filing IRS 4562 with unallowed depreciation
I'd like to claim a home office deduction (I've reviewed the details and I'm eligible). It's my first year with a rental property, and I did not have a profit (on paper), so I know that the deduction and depreciation...
Gary Kline
determining basis for depreciation : frmr res. rented in 2015
I bought a lot in Colorado Springs, CO in 1998, had a house built on it in 2000, lived there until 2005 then moved away. Relatives lived there paying below market or no rent until 2014. I rented it out at fair market ...
Matthew T.
Is South Carolina a landlord or tenant friendly state?
I'm interested in becoming a landlord in South Carolina and I was wondering if this state is landlord or tenant friendly? If anybody is familiar with this state, please explain in detail the states procedures. I wo...
Ray Trounday
How to arrive at CapRate for Performing Notes
I would like to arrive at CapRate for performing note investments. Is it simply the annualized interest income of the borrower payment divided by the market value? Please advise.Thanks,Ray
Amy E.
Return of Capital or Profit Distribution?
We have a multi-member LLC are at the point that we want to begin taking money from our rental business. We can choose that the return is either counted as "return of capital" or "profit". If I take a return of capi...
Dave Corfman
Fully depreciated assets, cost basis, and sold rental properties?
I have a question on how to handle fully depreciated assets that are part of a rental property when it is sold. I'm trying to estimate my taxes owed (long term capital gains and income) due to the sale. I think this...
Andrew Syrios
Jackson County, Missouri's Outrageous Property Tax Increases
Anyone who invests in Kansas City has to know that Jackson County has outrageously jacked property taxes through the roof. I recently got an op-ed published in the KC Star refuting all of the pathetic attempts to rati...