Hi BP Readers -We are about to go under contract on 7 properties in Kansas, about 20 units. Mostly college rentals, and we're getting them at a significant discount to market (even considering some deferred maintenanc...
My husband and I are looking to sell a property, and invest the proceeds into the renovation of a property we already own. Can you do both a reverse and an improvement exchange combo? We purchased the initial property...
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%...
I own a single- family home in Corpus Christi, TX. The taxes & Insurance ( combined) have gone up $200 a month since the lease was signed. I don't think the market would bear a $200 increase in rent ( when lease g...
10 years as a Realtor and there is still so much to learn! As a member of my local Economic Development Council, I recently started learning about Opportunity Zones. It was a little hard to grasp at first, but after a...
Question: So why the mobile app when you already have essentially the same thing through a web browser but with the added functionality of multiple tabs/pages to manage at once? Issue:It's been a while since I've bee...
I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...
Hey all,
My name is Steve Johnson and I am a Landlord and house flipper. I also own a company with my brother, I Gotta Guy KC that does handyman and remodel work. From clogged drains and leaky faucets to ceiling ...
It seems like cost segregation has been a hot topic since podcast episode 689 and I'm going to keep that trend going. I too am trying to see if there would be any benefit to self performing a cost seg on a house I pur...
I am under contract with a land deal, on Marrowbone Lake In Joelton. After talking with planning they mentioned that utilities were 2 miles (10,000+) ft away. However after being directed to Metro Water, They mention ...