Virginia Jones
Roth vs. traditional - Need help on which strategy is best
I've been listening to the "FIRE" community stating that it's best to max out pre-tax accounts and when you retire early, doing the conversions over to a Roth. This is assuming you will have a low enough income to be ...
Greg L.
Cap rate compression
I invest in an area where it seems that cap rates are compressing. There are many commercial properties selling for cap rates around 5-6% which will simply not cash flow with debt. Typically, banks appraise these at...
Raj G.
Is it a buy?....Bayonne, NJ
Hi Friends,Below are property details in Bayonne , Need your opinion.Year Built : 1920Lot 3000 sq ftMultifamily(3 Family): 2 bed 1bath, 2 bed 1 bath, 3 bed 2 bath.Home insurance :don't know, take medium price.One park...
Rian Ash
Can I consolidate Insurances on different rentals and save?
Hi BP Members,I currently own 10 rentals in CA (average Marketplace of around 400K, give or take). Also carry an umbrella. I am mostly with Liberty right now but also have Safeco and ASI.I see that overall I am paying...
Tyler Lyons
Online auction property - still occupied by former owner
BP Community,I've yet to take the plunge into the world of online auctions yet, but I'm planning to in the near future and I am planning to bid on a property this coming week as it looks like it could have excellent f...
Donald F.
How to reduce my active income tax liability? Bonus depreciation?
I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...
William Thorn
Need Help Evaluating AZ MH Park with some RV Lots
I have an off market deal in AZ that I would like some more input on evaluating. The owner has terrible records and even if he did they wouldn’t be very helpful since he bought the park with only 4 mobile homes on it ...
Josh M.
Rental Property Tax Strategies - First Time Filling
I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...
Josh Quinn
Is My Market Too Hot For A Newcomer?
I live in Columbus, OH and would like to start building a portfolio close to home. I've been a business owner for the past 15 years and like what I do, so looking to build some passive income streams that feed each ot...
Ben Fulcher
Closing on 6 Unit Property Today
So today the wife and I are closing on our first real estate investment. It is a 6 unit complex we are buying for 146k. We should net around 400 in cashflow monthly which includes 15% for repairs and maintenance as we...