Hi BP Contributors!I had a question about something I've seen posted a few times about people purchasing 1/2 of a Duplex. Is that common? I thought in general, that when purchasing a Duplex it was for both sides, but ...
We established an
LLC at the beginning of this year, with just two members – my spouse and
myself. We reside in a community property state and file our taxes jointly as a
married couple.
Throughout this
year, we...
I posed this question in one of the groups, and wanted to get insight from the BP community as a whole to see what experiences people have had investing with a Solo 401k. Being able to contribute $46,000 to a retireme...
I have been in talks with a GC in Georgia and his method of building is: He builds everything at costs and doesn't include any markup or fees, he oversees everything, I only supply funding, and we split 50/50 the prof...
First, Thank you for your time in reading this and responding For anyone that got some experience in using the short-term rental loophole I got my first House Hack. I'm using the walk-out basement (900sqft) for mysel...
Should an HOA be allowed to give credit to owners that are able to participate in a clean up day exempting them from a special assessment while assessing the rest of the owners that do not or, more important, cannot p...
I have two partners that are interested in investing some cash to act as our own hard money fund for rehabs (to resell and hold). We own our investment company equally but their money is going to be a "side car" so t...
I have a tentative client who is currently on County Rent Assistance (section 8). She is taking the necessary steps to prepare to become a homeowner, but it is going to take some time. On the ohter hand, she is tired...
Looking to start a group of motivated people in Houston, TX that meet once a week (virtually for a while, probably) to keep each other accountable and motivated. No specific requirements on doors or deals, just need t...
I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...