When should you start tax planning on a building? A lot of people think the tax planning starts once the building is completed. However, you can actually save millions of dollars in taxes by starting during the bluepr...

I'm considering this deal of condos in this very distressed building. By buying the condos I will have a large stake of the building and the other investor owners have said they will sell me their condos, which mean I...

Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...

I'm looking at an MFR for rehab and rent.  It is a historic building so I assume I have to get extra approvals.  Anyone have experiences to share?  Pros/Cons/things to watch out for?

Hey everyone - finally decided to join up after listening to a fair amount of podcasts on my travels. Looking to get involved in building a small residential portfolio to eventually combine in an aggregate sale for on...

Hi Everyone,
I read some news regarding on the property tax increase in Chicago. How do you think the trend of the property tax for multifamily? My current property tax rate is about 2% of the assessed value. Since p...

Hello fellow BP Friends. I wanted to run a deal by you and see what your opinions are on the upside as well as one question I have about the taxes. Description of the DealA friend who just did this same deal introduce...

Hi Guys, I am relatively new investing in Cleveland Ohio. I purchased my 1st 6 unit building in March 2016. It has been going very well. I am looking into jumping in to a new building from 10-20 unit. I have noticed s...

Recently my wifes parents went ahead and split up their inheritance and my wife received her share of the inheritance, they wanted to do it before they died cause they would rather see her benefit while alive...Anyway...

Good day. With a year under my belt, I hope I can still post in the "just starting out" forum! Some days I feel like I've been doing it all my life, others feel like I'm all thumbs!

My question is about "long range"...