Bao Vu
Question regarding Tax on a Flip
Hello everyone, I have a question regarding taxes on a flip as I am prepping the books. My partners and I purchased a property late 2023 and finished the renovation and sold the property in March of 2024. After all ex...
Mohammad Jayousi
Texas Tax Sales. Where to start?
Hello!I have been researching and learning more and more about tax sales as I am interested in acquiring a relatively cheap land as my first real estate invesment. Before I jump on this adventure, I want to make sure ...
Chris Long
Appliance Dispute with Tenant
So I purchased a property in April 2019 and it had a tenant in place. The tenant signed a new lease until April of 2020. Toward the end of June the tenant stated that he wanted to move out. I gave him some options to ...
Dav Pohote
Options for 8 unit multifamily gut remodel?
Was actually denied for a commercial because it's stripped to the studs and deemed uninhabitable. I've heard anything over 4 units is commercial but you can still get residential loans on 8 unit or less properties. Is...
Eduardo Aguilar
Primary Residence to first rental
Investment Info:
Single-family residence buy & hold investment in Sacramento.
Purchase price: $145,000
Cash invested: $120,000
Purchased as a primary residence in 2012. Leveraged equity in the ho...
Darrell D.
Tax Question for Cash Purchase
Hello Everyone. I paid cash for a BRRR property in 2016. From the first day I purchased it, it was identified as a rental. We completed the work in 2017 without receiving any rental income in 2016. Can the purchas...
J Chouinard
1031 exchange how much do I have to reinvest to avoid being taxed
Just sold some commercial properties and we are doing 1031 exchange. My intermediary told me that we need to purchase properties valuing the total of the ones sold. I was doing some research and I am seeing conflictin...
Aaron Moayed
Account for Vacancy, Repairs, & CapEx in Cash Flow Analysis?
Hi,When you're determining the potential cash flow of a prospective investment property, do you include repair, vacancy, and cap ex allocations?Right now, I'm accounting for the rent, then subtracting mortgage, RE tax...
De Von Gaines
Great deal but can't find partner, why?
Hello B.P. community. I have a quick question,well actually two. I have a opportunity for what I see as a great deal. Well at least I think it is;). Here is a quick rundown.House-2/1Apt.bldg.#1- 5units-(2)2/1, (3) 1/...
Shedrick Archangel
Using a Hard Money Lender
What are some of the documents that hard money lenders ask for to fund a deal?