Roberto Sembiante
Kitchen Remodel Color Scheme
Hey guys! I am doing an entire remodel to a kitchen. This property will be rented out to college students being that it is on the same street as the university. This is my first time doing a remodel and was wondering ...
Mayer M.
Dealer vs. investor for tax filings?
Hey,
So I flip homes and have rentals. Question is should my tax returns for my LLC file me as a dealer or investor?
Real estate is not my primary source of income and I do not do any of the work myself. I simply fi...
Jordan Fujan
BRRR Spreadsheet proof read
I'm going out on a limb here. I created a detailed BRRR excel spreadsheet to analyze deals. I know that there are many others out there already such as the BP calc, but i decided to create my own to make sure that i t...
Heather Klompmaker
understanding capital gains on primary residence sale
Hi All,We are considering selling our primary residence which we have remodeled and now have some equity in. We plan to sell for 200,000 and purchased for 145,000. Our mortgage balance is now 128,000. I have been read...
Daniel Dietz
PPP Programs AND Unemployment Benefits at the same time?
Hello All, I am wondering if anyone can help me clarify this topic?I have applied for the PPP Program for my 'day job' of being a remodeling contractor in a multi-member LLC (K-1), but have NOT hear anything back yet....
Dolf Al Emara
My first Brrrr Real Estate Deal in Northern California
Investment Info:
Single-family residence buy & hold investment in El Cerrito.
Purchase price: $327,000
Cash invested: $45,000
Sale price: $875,000
this deal opened my eyes to massive shift to...
Ana N.
Chicago Frame 2 Flat - How do my #'s Look?
Hi all,
I have this property under option, but before market it, I'd like to check the #s with you all because it doesn't meet the 70% rule, which I had previously been going by.
I'd lov...
John Boby
Rental property tax deduction
I purchased a house back in 2008 as a owner occupied, and spend about $50,000 for remodeling on it same time. From 2011 I converted this house to a rental investment house and stared to collect rent on it until now. S...
Account Closed
Need a new tenant lease.
I am in the process of restructuring, (new paperwork remodels and such), and am in desperate need of a new tenant lease for upstate new york. I would like something more iron clad to include specific damages and s...
Lupe Cartagena
Tracking expenses on a flip
I am in the process of purchasing my first flip. I realized, I dont have a method for tracking my expenditures. Does anyone know of a good software program to track my expenses?I am purchasing a sfr. Thank you