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Results (9655)
Craig S. Is Net Income or Gross Income Used For A Mortgage?
8 October 2012 | 6 replies

Hello,

I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.

I am 22 and self-employed. My gross income is a lot higher than my ...

Tyler Kivland End of year purchases to maximize tax benefits?
31 December 2021 | 3 replies

Hi BP community, 
I just surpassed the 1 year mark as a landlord and I'm currently thinking about my tax implications for 2021. Last year was easy to claim a loss and maximize my tax benefits because I only collected...

Account Closed Short Term Rental in Kissimmee/Disney Area
7 June 2023 | 6 replies

Does anyone here own a short-term rental in Kissimmee near Disney? Curious what kind of rental income you can get for a single-family house. Taxes, HOA and CDD add up quickly to 20k+ a year. The market is saturated th...

Victor Lau Hello from San Francisco, CA! Just discovered BP!
13 May 2019 | 29 replies

Hey Fellow Members!    I'm from San Francisco, Ca and after running my Small Business for over 10 years, I'm ready to taper off from the daily grind.   In search for a new revenue stream I came across BP and investing...

Joyce Ong Managing Vacation Rental for Other
20 January 2019 | 2 replies

I am helping my boyfriend to rent out his property for vacation rental. I listed the property on Airbnb, VRBO and booking.com under his name. I contact and arrange cleaner and handyman for the rental purposes. I also ...

TJ Woolum Is this a deal?
27 July 2023 | 2 replies

Hello,I am new to the multifamily arena and need help analyzing this deal.  Any thoughts?Quadraplex3 units recently renovated and rented at $1,200/mo1 unit unrenovated and rented at $750/moNOI:  $35,000Listed Price:  ...

Todd Michael Reporting 1090-INT income on 1040 for single member LLC
3 October 2015 | 4 replies

In 2014 I created a single member LLC for the sole purpose of using to invest in crowdfunding opportunities.   Since its a single member LLC and for tax purposes is classified as a sole proprietorship LLC, all revenue...

Jerry Kisasonak Transfer taxes on contract assignments?
18 August 2019 | 32 replies

I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?

I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...

Jackson Mayer Pay other State's Income Taxes on STR that I manage, not own?`
11 January 2023 | 8 replies

Good morning! We own a small business in Florida where we manage 25 doors for STR. We are looking to expand into some other states that have state income tax, but not exactly sure what that looks like for state taxes....

Benjamin Sklar Which Tech Platform Do You Think is Missing in Real Estate?
18 June 2020 | 10 replies

Looking forward to all of your ideas!