Nate Mac
Flipping- Repairs in 2018 are cost basis for Sale in 2019?
Background: Created LLC partnership in 2018. Purchased a Home to renovate in 2018 and sold it in 2019. Purchase Price: $60,100 In August, 2018Renovations: $30,000Utilities: $ 2,000Property tax: ...
Fernando H.
*INVESTING QUESTION* Rent long term VS Selling.
Hi BP members! Thank you in advance for any inputs.I am the owner of 3 rental properties and I'm debating on what my next investment strategy moves should be. I'm fairly new in real estate investing and I been leaning...
Sam Leon
Major roofing project - tax questions
3 plex flat roof property has leaks on the inside, had a few roofers looked at it.the scope of work involves:1.Existing roof has many years of patching and patching and needs replacement, considering a tapered insulat...
Jared Baker
Doing Handyman type work on the side/Finding Work
Hello BP Community!I've took a peruse through the search function and didn't really find anything applicable to what I'm trying to figure out. I did determine there seems to be a need for Handymen however.I have a fu...
Brian J Allen
Bussing, Cars, and Jobs in Worcester
Let’s start with a few notable facts:
26% of all renters in Worcester and 17% of residents citywide don’t own or have access to a private automobile.In downtown Worcester, 41% of renters and 38% of all residents don'...
Yenlan Patton
Should you make improvement of rental property to reduce tax ?
What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?
George Cavazos
What's in it for private lenders?
I'm not looking to get into private lending. A big reason is because I don't have that kind of money. I'm just wondering why people get into private lending. It seems like BRRR is where you make good money and get a l...
Kory Clark
Time Management
Hello Everyone,I'm 23 years old college graduate looking for a job with a goal to become an investor. Having no real money to really go out and do anything I find myself spending a lot of my time goal setting, learnin...
Rob Hakes
Your Top 3? What has helped you ACTUALLY move the needle?
Hey all, I am sure there have been similar posts, but I thought this would be a fun one to get some fresh insights. As a relatively new investor ( 2years ) I am looking for anybody that has had any amount of success ...
Brad Gilboe
Does hard money make sense for this situation?
Hey All, I am a realtor and have a client who is looking to improve his property prior to selling. He has no income because he is taking a new job out of state after he sells in 4-6 months. He currently has a 1st an...