hello all . i think this is a tax question .  i can do 99% of all my own repairs but my labor is not deductible on taxes . so i want to hire out for repairs up to the point were it starts costing me income. does anyon...

Hi guys,I know this is a question best asked of my CPA, and I am in the process of contacting him but considering he might not get back to me quickly, I was hoping I could get your ideas here.I own a property in Idaho...

I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?

I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...

Earlier this year I purchased a home on the advice of two real estate professional friend of mine. The idea was to buy the home, make a few repairs, and then sell the home soon thereafter. My friends brought me into...

Hello BP Community,I need some advice for my second investment property.  I have been owning a property now for five years, and it is my primary residence.  I am interested in another property that is for $450k in a g...

I previously posted a different deal. This is a lower priced one. Below is a snapshot.

[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%

TOTAL OPE...

Good afternoon everyone! I'm new to REI and was wondering if any of you would share with me any tax breaks that you know of or implement in your business. I don't know if it matters, but my goals are to buy, reno and ...

Good Morning!My company has been investing in real estate for a while now, focusing mostly on rental property, but also flipping houses and selling properties at wholesale as well. We have recently moved to Indiana an...

Many people are aware of a 1031 exchange, however if they are looking to exit their active real estate portfolio, it’s not always the solution they are looking for. If you are wanting to sell your real estate property...

I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...