Tri Nguyen
Seeking advice: Really nervous about 1st multi-family property
Hello. I just entered contract for my 1st multi family property (and 2nd investment property). It is in Berea, Ky. I don't know anything about Berea, Ky! In doing my research, however, it does seem like a nice charmin...
Shane Bowling
Newbie needs advice on helping on what I think is wholesaling.
I hope this falls under the category of just asking for advice. He has options for 50k each. I ran comps out to a half mile and it appears the most recent sales of the most similar homes are 80-90k each. He wants to s...
Darshil Parikh
Investment Property zip codes in Austin Texas?
Hello BP friends - My partner and I are looking for SFRs in north Austin or somewhere in the vicinity. I live in Austin so can manage myself, any recommendations for zip codes to invest? We anticipate a negative cas...
Ali Mol
Capital Gains Tax Implications for Property Deed Transfer to LLC
I have thoroughly reviewed Publication 523; however, it does not address the specific question I have. The scenario involves a couple who have decided to sell their property to leverage the advantage of the capital g...
Susanna Carbaugh
Colorado Country Land Purchase, Water Rights and Turbines
Hey there, I have a couple of questions. Seller wants to sell half of their 160 acres. Would the buyer of the 80 acres of just land have water rights, or how does that work in El Paso County - specifically Calhan? Wit...
Rich Weese
COLD Here Only 71 degrees !!!!
tonight for a low!! I'm just rubbing in the Cancun weather today.71-85. I'm sorry for those that are shoveling the "white stuff". I'm building castles out of the white stuff here(sand). I just had to tease BP a little...
John Gillick
"Individual" expenses in a 50/50 LLC
Tax question. If you and a friend have a 50/50 LLC and you drive say 10 miles to check on the venture, is that $5.80 mileage expense:
a. an expense put on just your K-1?
b. an expense put on the LLC's tax form (882...
Jason P.
Question on appraisals
I’m doing a cash out refinance on my property (2.65%) and I want to get the highest appraisal amount. This is my primary residence. Since I have bought it I built a 14’X24’ shed on a slab permitted with electrical. ...
John Lowry
Possible buy and hold
Good Morning,First real time to test the waters here. I am looking to make a buy hold purchase. 3/1 in a rural setting with a tornado shelter in a suburb 15 minutes from downtown Tulsa, OK. Been on the market 447 D...
Debra N.
ARV on Duplex help !
I found a duplex FSBO, very motivated but I am having a hard time finding the ARV.What should I use? The info I am finding from Zillow and other places have a wide swing.Please provide some guidanceThanks