Hi All.We have decided to explore an LLC for liability reasons for some house flipping. We are trying to see if there are tax benefits and liability benefits to an LLC vs. and S Corp. We have steady income (W2), this ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $340,000
Cash invested: $80,000
Sale price: $590,000
This was a fix & flip, rehab on small single family ho...
There are some new tax laws in effect and others that are sunsetting, making our 2023 taxes look a bit different.
Inflation Reduction Act Updates
45L Energy-Efficient Home Tax CreditThe revisions to this tax credi...
Hello BP family, I am looking for the new single family house rental property in Dallas areas such as Little Elm, Princeton, Forney, Mesquite and others. But I am not sure which place I should pick. Is there any advis...
Hello Friends, What websites and criteria do you'll use to find new markets? I have heard population growth, combined with income to rent ratio & crime rate is a good start. I am trying to establish a framework h...
We found a house we’d like to purchase to rent but we’re not confident that we could get top rent in its current condition. Regardless it could be ready and available to rent by year end. Can we cost seg and take bonu...
I'm an avid consumer of the BP podcasts, and to some extent the content on these forums. So I understand that any buy-and-hold strategies don't generally care about short-term market conditions. When asked "if the mar...
Hello everyone. I have a potential lead regarding an off market property that is paid off by owner. The house is in Irving Texas and I am unclear about which documents I would need to bring with me when the seller d...
Hello all-I have been evaluating a property which I would potentially be partnering on in Marco Island, Florida and seek some input from more experienced Retail / Strip center commercial property investors. This prope...
Hey BP nation, Question on property management... I am wanting to find a way to show our houses without being there mainly to be able to scale without having to drop lots of dollars on property management or employees...