Dom Radcliffe
Can I deduct or take losses if I just bought a property?
Here's my situation;I acquired a property and I am making repairs to it to bring it up to a certain standard before I list it on STR websites. It seems like the repairs will take some time so I won't be able to list i...
Steven Foster Wilson
Bank asked for an Expense Report??
I’m currently in contract with a duplex for an investment property.My lender asked for leases and expense reports. The sellers are old school though and have no expense reports, let alone leases!So I said I could crea...
Nathan Shaffer
Pre-In Service Property Taxes Chargeable to Capital Account?
Hi Everyone,I love this site for all the helpful insight, but I haven't found an answer to my specific question (here or on the IRS website).I bought an owner-occupied duplex in 2017 and it took 1.5 years to develop t...
Devan Wilson
Cost of BRRRR Investing
In the most recent real estate podcast Brandon mentioned that BRRRR investors can often pay more than flippers or other investors. Why is that? In my mind BRRRR investors have to get it at a lower price in order to su...
William Hamburg
Wholesale Furniture Store?
Hi everyone,My husband and I need to furnish a new house every 3 - 6 months for various projects. Does anyone know a wholesale furniture in Arizona store that we could work with?Your suggestions and advice is greatly ...
Corey Meyer
Hotel Management Pricing
Does anyone know a typical structure of a 3rd party management company for a small hotel? Do they typically take a commission of revenue? What about cleaning fees? I am more familiar with short term rentals and unde...
Joe Pless
Housing crash after presidential election
Hello BP professionals, I sold my condo in December 2023 and have not been able to find a duplex to purchase in my price range to house hack. It has been suggested to me that I should wait until after the election bec...
Bob Landers
MF Analysis - are you using OpEx or CapEx for this?
I’m currently pursuing Multifamily deals 10-50 units in size and am curious how others are treating in their own analysis line items that sellers vary in how they are presented. For costs associated with unit rollover...
Joseph Pratt
1031 Exchange across States
I live in California and want to 1031 my investment property in Memphis, TN to buy my brother’s investment property in Houston. I currently own 2 other properties in Houston and want to consolidate my portfolio under ...
Kevin Futrell
A fourplex (1031) into a single-family home
If I sell a fourplex, roll the gains (1031) into a single-family home purchase, rent it out for a couple years, then live in the house for two consecutive years, can I completely avoid capital gains from the fourplex ...