Adam Avinger
Whats a Seasoning period?
Okay, I would sincerely appreciate some insight on seasoning periods. Currently, I closed on a SFR which also has a detached 600sqft garage apartment, with a tenant currently in it. I got into the home for 120k, estim...
Tyler Wotherspoon
AirBnb starting question
Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...
Umesh Chokshi
1031 Exchange - Individual name to LLC
Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...
Justin Klein
Accounting - Income Statement Question
Accounting Question for you CPAs.So I recently purchased a rental unit and am just starting out. I have one asset (single family home). I do not use any accounting software at the moment as it is just one unit. It ...
Gary Kaucher
Seller Financing - Condo Declarant - PA
My wife and I are the Declarant for 32 residential condo units that we built in Pennsylvania between 1984 - 1987. We sold 26 of those units then, and retained 6 units that we have leased out over the past 28 years. S...
Mark Edler
Rental #2 - First BRRRR
Hello friends.I did this deal in a tough philly neighborhood with my brothers, thinking the numbers were too good to be true. I found out quickly why they were not, but we held on and got the rehab done, tenant occupi...
Steve Kirsch
options of a reverse mortgage
Hello BP Peers,I have a relative who is looking to move and retire to another state from where she resides. She has a condo now with a remaining mortgage of about $100K. The condo's un-appraised value is approx $250K....
Ben Bakhshi
Selling equity shares of cashflow investment properties.
I am trying to raise funds and was suggested to offer equity in my properties at a 10 cap rate. So, if a property makes $8,000 NOI a year, at a 10 CAP its worth $80,000. Let's say I paid $50,000 or the property 3 mont...
David Ivy
Austin Market Report - August 2024
The August 2024 report from the Austin Board of REALTORS® shows housing prices in Austin and the greater metro have been fairly stable over the past 12 months. However, now that we’re heading into fall, we can see tha...
Merrick Hidalgo
When to realize capital loss
I invested in a private REIT a few years ago and it went poorly. They are returning 10% of the principal. It shows up in my online account, but they have not allowed access to the funds. If I get the money in 2025,...