Scott H.
4th property since May
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $41,500
2 bed 2 bath with attached garage full basement and bonus room 750 a month rent
How did you find this...
Christopher Smith
IRC 179 Question (as modified by the TCJA)
I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...
Mark McQuiston
Purchasing a rental property that has vacancies
I'm interested in purchasing a multifamily property - specifically, a three-plex or a quad. Is it necessary that the property is fully occupied when I make an offer, or is this more of an added bonus?
I shoul...
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
David Nadelstumph
1031 exchange crowdfunding site
looking for reccomendation for crowdfunded 1031 exchange company. I recently sold a rental property and would like to try and defer all or part of the proceeds. i dont want to exchange into another self managed proper...
Juan Ayala
Lending Options for California ADU Build
Hi BP Fam,
I am looking for ideas on financing an accessory dwelling unit built on my primary residence. I need to borrow $110k, and the ARV $815k with a current value of $715k. The mortgage is $643k with a 2.6% inte...
John Cook
CPA and Legal
Hi EveryoneI own a 4 unit in Columbus, Ohio and I am a W-2 school psychologist, however, I am expanding my private practice so I am looking for a CPA with experience working with and advising small businesses as well ...
Dallas Jacobsen
Capital Gains Exceeds $500k - primary residence
Hello,We are selling our primary residence after living there for 10 years, and will gain nearly $1M (purchased $390k, sold for $1.375M). We are immediately buying another house for $1.2M. As a married couple, we ge...
Andriy Boychuk
Property Manager Fees?
What is a typical or average property managment company fee for 50+ units park? thank you
Gurjot Grewal
Should I bother with an appraisal ?
This is for a cash offer. The sellers have come down in price but I'm considering waving my appraisal contingency in order to further negotiate. The inspection came back and I'm good with the property. Nothing serious...