John Marchefka
How to set up a real estate fund for industrial cannabis dev?
Hi BP community I just set up my account and was hoping I could get some feedback on setting up an industrial value-add fund specific to cannabis land & infrastructure development. My company plans to develop 10 i...
Ernest Fox
Best way to offset unexpected large W-2 Income?
This year, the company I was working for was acquired. As a part of the acquisition, all my stock options were accelerated and paid out as cash through payroll. This payment will leave me with about $600,000 in W-2 ...
Joe Splitrock
IRS Plans to Double in Size - What That Means for Investors
More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...
Christopher Brown
Disregarded Entity LLC for 1031 in Non-Community Property State
I'm working toward closing the downstream leg of a 1031 exchange. My wife and I owned the exchanged property in our own names as joint tenants. For mortgage swap eligibility-related reasons (we don't have the net wo...
Karen Chenaille
DIY Cost Segregation Study Tips/Tools/Templates?
Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos. I have about 1 week left on my initial 45 day period to put properties under contract to ...
Casey Spivey
Assumable HUD loan?
What are the qualifications for an assumable HUD loan? I have ran across a multifamily complex and the owner states thay have already went through the HUD process and the HUD loan is assumable. He didn't know specific...
Steve Olafson
So, you want to start a REIT?
I went to a convention that is geared toward putting the people with access to money (Broker/Dealers) with the people looking to raise money (sponsors). It turns out that the measly $4,000,000 that I have raised in th...
Ken Quella
Cross Year Taxation For A Flip?
Hello Everyone,Having trouble locating some answers on this. Answers on google seem to be a bit spotty. My business partner and myself purchased a property in 2015 and its going to market in a few weeks. We have se...
Simon Gonzalez
Looking to Network with Wholesalers in Abq, NM
Hello, my name is Simon and I recently passed the national and NM state broker exams. I worked at a Big 4 accounting firm performing public and private financial statement audits for over 4 years and currently work an...
Jeremy Porter
Establishing and Maintaining an Effective Property Management Records System
Efficient property management is a delicate balance between seamless operations and strict compliance with legal requirements. In this comprehensive guide, we'll delve into the key strategies for streamlining property...