Patrick Owens
Tax deductions for visiting out of state property
So, I am considering a long term rental property in Florida. We live in Charleston, SC. In addition to having cash flow, this would be a great vacation spot for us. The question is: What are the tax deductions av...
Erik Kubec
The case for converting a SDIRA to a Roth SDIRA
Hello folks,
I am a novice investor with one property held in a traditional SDIRA. 2 bed condo with a purchase price of $35k, paid for entirely in IRA cash. I have put an additional $12k into the rehab of it, and a...
Reid R.
Out of State Partnership Structure?
Hey everyone,
Looking for some guidance around structuring partnerships.
I currently live in SF where the barrier of entry into the real estate market is too high for me so I am hoping to buy my first real estate pr...
Peter Ulstad
Rezoning a duplex in Minneapolis
Hi BP Community,I recently purchased a duplex in Whittier a few houses south of Franklin. The property is located in an R2B zone. The property has a basement which as of now is not considered a legal unit, but has a k...
Peter Walker
Terminally ill tenant
I have a 92 year old tenant that has cancer. He has lived at my rental townhouse for two years and has been a great tenant, checks on time etc. his cancer is aggressive and I’m afraid his time is a matter of months. ...
Amaan Davis
First Sit-Down w/ Real Estate Lawyer
I'm taking slow baby steps into Real Estate. I've finished reading:The Real Book of Real Estate -Robert Kiyosaki (reading it again)The Tax and Legal Playbook -Mark Kohler (actually about 80% done not completely)Invest...
Eric Benzenhoefer
Project Blog - 11 unit apartment Rehab - SE Houston Texas
Howdy BP,
I will be giving updates on this project periodically. Feel free to ask questions to drive what I write:
Here is where is started, and here is the November update:
Thank for the idea Ji...
Luke Carl
How Time Consuming Are Vacation Rentals?
I get asked this question daily, and now with the help of ScreenTime on my iPhone I have an (almost) perfect answer. In the past 7 days I’ve spent exactly 3 hours on my 5 properties via the apps on my phone. This was ...
Don Nelson
First Large Multi-Family - Analysis Help?
Hey BP'ers - looking at my first large multi-family and need help knowing what the unknowns are. Here's the data:79 Units - Townhomes, with 24 separate buildings. 60% have been updated with roofs/siding, interior ba...
Giovanni Rigters
Property managers in Independence, MO and Raytown, MO area
Hello fellow investors,I'm looking for a property manager that can work in the Independence, MO and Raytown, MO area. If you know of any good ones, please send me their information (website, phone #, address).Thanks i...