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Results (1134)
Robert McEachern Depreciation Recapture in Seller Financed Transaction
27 June 2017 | 29 replies

Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...

Garry Lawrence 19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies

Hey everyone,
I’m 19 and about to close on my first rental property! It’s a fully renovated, modern-styled, 2-story townhouse with 3 bedrooms, 2 bathrooms, and a basement in Baltimore County, where I live. I got the ...

Seth Mosley How do you determine Cash on Cash ROI?
2 January 2015 | 29 replies

I know how i do it, just interested to know how alot of you come to your percentage on here.I see some pretty high percentages, and wonder if you guys are factoring in the same numbers as I am in my equations (rent mi...

Austin Lohr Include partner’s name on title?
26 October 2021 | 12 replies

My business partner and I are putting in an offer on our first property. I will be supplying the capital for down payment for this first property. The preapproval and loan will be in my name. We plan to transition the...

Account Closed taxes strating wholesaling on rental business card?
25 May 2011 | 14 replies

hey i need advice from a cpa. I plan to start marketing for my wholesaling business and will also need printer pc etc. How do i go about doing that I have one rental now which i conduct all my rental related costs un...

Eric M. Questions about NPN and being "holder in due course"
24 May 2012 | 12 replies

Despite being a part time hard money lender I am afraid I know little about buying and selling existing notes and it is an area I am curious about. I have been reading Lorelei's Legal Lessons which though it is 15 ye...

M P. Section 8 being forced upon us by Obama administration
11 May 2016 | 25 replies

Hello fellow BPers.  I have been a long time reader of these forums and have picked up a tremendous base of knowledge from you, my colleagues, on this forum.  I am mostly a passive investor, and so have not had a real...

Terri Austin Private Lending Business
2 February 2014 | 20 replies

I am interested in becoming a private money lender. Whom might someone like me contact in order to get an initial start-up loan/funding? Some people have told me that you need to use your own money, however I just wa...

Dawn Anastasi Section 8 Bible
8 February 2019 | 66 replies

Has anyone ever read these books (volume I and II)? In it, the guy talks about his strategy for buying and renting out over 300 single family homes.

For the first property, he started off with around $28,000 or so f...

Bryan H. Was your LLC put to the test?
16 December 2013 | 34 replies

There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...