Hello everyone,I run a wholesaling business that is doing well, and I think it's a good idea to buy property before the end of 2023 so I can offset some of my income with depreciation. I'm aware that you can only depr...
Pretty new at this but as I go through listings in Los Angeles, I've started to really pay attention to the price per square foot (and the lot size too). Sadly, none of the mainstream platforms (Redfin, Zillo, etc) se...
Can anyone give me some good advice on how to find more off market and flip deals? I'm trying to buy 5-6 houses this month and I need to get the ball rolling quickly.
Hi. I'm looking at buying a tax delinquent property listed on the Alabama revenue website.The owner is listed as a person on the state transcript of tax delinquent property list, but when I go to the county revenue we...
Hello! Ive tried to search past threats but I didnt see any posts.Does the brrrr strategy work differently if the property is inherited? The Buy part is not there and there is no mortgage. Where should I go from he...
Hello, I need some help understanding the new tax laws. My client wants to sell his 5+ unit for $600K and buy a house w studio for his art business with proceeds. Right now he'd have to pay $120K in capital gains (20%...
Hello BP, During the process of renovating a million dollar property on my own, I've lost a few opportunities while my finances were tied up.I'm looking for advice on structuring agreements for buy n hold using invest...
Hey all! I am under contract for a property at 295k for a 1977 3b2b, 1984 2b1b, a double storage shed, and a covered double car port on 4.25 acres of unrestricted land. Is this as good of a deal as I am thinking? I am...
Hello BiggerPockets community. We're searching for a Real Estate CPA in Fresno, CA. Does anyone know of a good CPA who specializes in residential real estate? We mainly buy, rehab when necessary, improve on opportu...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $202,000
Cash invested: $50,000
House Hack/ BRRRR property. Bought this triplex, lived in one unit, fixed up...