Backstory:A little less than a year ago I purchased one of two dilapidated houses on a lovely quiet street in upstate NY. The houses are literally next door to each other which is somewhat of an odd coincidence, but I...

Tried to upload it directly into the blog but couldn't so I uploaded to Google docs for all to view! Comment! Ask Questions! Teach me! :)

First Year Analysis

Hi Everyone, I'm a newbie when it comes to investing. After months of podcasts and group discussions, i'm finally I feeling ready to focus on REI. Although I'm still learning, I want to avoid analysis paralysis so the...

Hey there BPers,Question:  I'm JVing a deal (50/50 split net sale proceeds) and I am curious as to when this split should occur to avoid incurring any unnecessary capital gains taxes.  I'm assuming the 50/50 checks wo...

I have a friend and we decide to go together to invest in multifamily. She has knowledge of financial analyst and she can do tax for the entity. She will be much smaller investor so I will be the one, who finds deal, ...

I am leaving the DFW area and finally returning to North Carolina. We will be settling/semi-retiring in Wilmington and I would love to connect with some investors in the area and do some networking. I am also looking ...

Hi,I finally sold a piece of vacant land this January. I have $110K in capital gain, and I tried to use 1031 to buy other lands. I still have $70K capital gain left after the 6 month 1031 replacement period expired. N...

I find myself reading BP posts till 1 or 2 am and finally decided to sign up and fly with the flock that has rekindled my flipping fire.


My x and I were General Contractors building spec and ...

My mother-in-law died without a will. There is a tax lien for unpaid back taxes on the property . What are the steps that Ihave to go through for the following: 1. To assign the property to my spouse (only child) 2. ...

We have a renter now that originally was a rent to own. Due to his inablility to sell his house in CA, he is going through a forclosure which means of course it will be years until he can get another house loan. He wa...