I got into a discussion last night concerning the stability of various investments during extreme economic downturns. My mother in law - a custom SFR developer almost lost everything during the last recession when th...
Unfortunately, the tax code can be a burden for those who don’t understand it. But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money. Ins...
What does the BP brain trust think about how this new tax bill in its current or expected form will affect us? I have read a couple of articles that bemoan that homeowners in expensive locales will suffer, however lit...
I'm considering purchasing a seasoned land contract inside my ROTH IRA. The property has been rehabbed and is in good condition. The details of the sale:Note sale price: $63,500 (my price), Land Contract Sale Price:$7...
Hey BP community!
I’m new here. I live in NJ and have a few rental properties FL & PA, and I’m looking to accelerate my portfolio significantly.
After a lifetime of work, retirement isn’t so far away, and REI w...
We are in first year of property acquisition and looking for help on cost segregation study. How much would it cost typically to perform this study for a 100 units multifamily property? Can anyone recommend someone fo...
Hello BP,For those of you out there seller financing and using wraparounds, what tools, websites, or packets do you put together (ie background and credit checks) when screening potential buyers using seller financin...
Did you know that the tax code offers many incentives for real estate property owners that have a cost segregation study performed, thus allocating costs to 1245 property?
A Cost Segregation study is an IRS approved ...
I saw an opportunity for a subto in suburban area of San Antonio, Tx. What is the good the bad and the ugly of subto deals? I’ve never done it before. Thanks In advance
This fitness center had $2,407,081.37 in first year tax savings.
If a Cost Segregation Study had not been performed, the $7.8 Million Fitness Center in Vineland, New Jersey built in 2020 would’ve only had f...