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Results (747)
Mitchell Litam Is BRRRR a risky strategy for first time buyers?
29 January 2019 | 16 replies

Hello BP Family!After listening to multiple podcasts and reading books it seems like the BRRRR method is well received and makes so much sense because it allows your money to go further.My question is it tougher to do...

Rene Garcia Help with tax question with FHA Loan of 900k at 4.85%
30 January 2019 | 13 replies

My wife and I make a combined income of nearly 300k in our W-2 job. We don't own any property and are getting killed in taxes. Last year we paid about 60k in taxes alone. Our accountant said that buying a 4-Plex apar...

Andrew Jackson Advice on 10 unit apartment complex
13 July 2017 | 5 replies

Hello all, I'm seeking advice on a 10 unit complex with 8 1 bedroom units and 2 studio apartments. The complex is:$300,000Down $60000Rent income assuming $400 per unit= $48000 per yearManagement at 10% rental income $...

Edward Salazar Bought a 10,000 SF Warehouse, but is this even possible??
6 March 2017 | 21 replies

Hi everyone, I just bought a 10,000 sf Warehouse building from a distressed owner and would like to try something out. I did some renovations to it and brought some highly qualified new tenants that pay a lot more tha...

Angela Yan Columbus Property Tax increase Ouch!!
8 August 2023 | 26 replies

Hi!  Just bought my Multi in 2018 and now just got my adjusted tax bill.  It went from $$$$ to $$,$$$.  Almost 2.5 folds.  I guess assessor went on purchased price of the property.  Anyone tried fighting this?  I was ...

David Hite Quickbook Strategies for Notes etc.
29 May 2018 | 7 replies

Hey everyone!  I have purchased my first note, and it is about to be boarded.  Once I start getting payments, I am wondering about everyone's strategy for how to track the note within my LLC's quickbooks company file....

Joel Owens Current tax reform status 12-2-2017 / Senate Passes Resolution
10 December 2017 | 8 replies

Dear ICSC Member,In the wee hours of this morning the U.S. Senate passed its version of a tax reform bill by a 51-49 margin along party lines. Senator Bob Corker (R-TN) was the only Republican to vote against it due t...

Chase Woodard Tax Benefits from Rental Property
21 November 2019 | 22 replies

Hey Guys, So I’m a noob & trying to learn everyday. What I’ve been trying to understand is how Real Estate is so great for taxes. I’m planning on getting a rental property & was wondering what tax benefits do ...

Michelle Sangalang W-2 High income looking for ways to minimizes taxes with Real estate license
20 April 2024 | 9 replies

Hey BP Team!Looking for some advice on how to minimize taxes in CA. Here are the facts:1. High income W-2 ($400k+) earner and would like to keep my job.2. Own 3 LTR properties all in CA under a Trust.3. My spouse and ...