Venkat Varad
Selling former primary home to LLC
I have a former primary SFH that is fully paid of and about to reach the 2/5 years rule. I have no plan of selling it. I want to convert it into an LLC to offset the capital gains. I was about to start an LLC, but few...
Andy Kaye
When to offer cash-for-keys during eviction process?
I have a problematic tenant that I want out as quickly and cleanly as possible. I have sent him 3 day notice, and he has not payed or moved out.Should I offer cash for keys prior to filing unlawful detainer? Or after ...
Fausto Carosella
Sale of LLC Property in one state 1031 Exchange to another CPA's!
Hello All,My folks recently sold their last property and made the move to retirement here in Florida. Last year they sold their investment properties held in a Massachusetts LLC and purchased various properties in Flo...
Adam Schumacher
US OR UK property investing?
What are advantages and disadvantages of property investing in each country?I recently moved to the US from the UK and am unsure where I should invest.Why insights are highly appreciated.Thank you!
Jessica Markley
BRRRR appraisal came in low...take some of $$$ out now or wait??
My first attempt to BRRRR a property, go figure Covid comes along right as the 6 month time came around to do the cash out refinance. Bought this SFR rental for $230,000, put in $30,000 in rehab, put 20% down, paid my...
Lan Nguyen
primary residence tax returns
Hi BP,I am thinking of purchasing my first multi-property for rentals. Is it possible to claim the property and my primary residence without living inside the property, maybe just asking tenant if I can use the addres...
Tiffani T.
Anyone know of a RE CPA in WA?
Hello BP,
Does anyone know of a competent, knowledgeable RE CPA within the Seattle area? I need one who have done 1031Exchange transactions.
TIA,
TM
Joval Mathai
Tax situation with long term and short term rental.
I’m a first time home-buyer. I bought a multi-family in NJ in May 2023.
We live in Unit 1 and Unit 2 is rented out. Unit 1 where we live has a basement that’s rented out on Short-term rental/Airbnb (with average sta...
Chris Picciurro
How do you find value from your tax professional?
Good afternoon BP. I am putting together a presentation for a national tax professional conference. We are continuing our research into the minds of a real estate investor. What adds value to you as a client from your...
Don Konipol
The top 10 indications that someone is brand new to wholesaling
The 10 indications that someone is brand new to wholesaling
1. They think it’s whole selling, not wholesaling
2. Their entire knowledge stems from watching 6 hours of YouTube videos
3. They talk about “beginning my...