Account Closed
Question about Cap Rate
Is it considered standard to include all closing costs, capital outlays (for repairs, improvements, etc), and loan origination fees in addition to the sales price when calculating cap rates?I know that generally, when...
Account Closed
Can I do the brrrr-strategy as a non US Citizen?
Hey, I am a complete beginner in real estate investing but really keen on doing the brrrr-strategy. As I live in Germany and don‘t have a residency in the US, I‘ll have to become a long distance investor. Until now, I...
Mark Robertson
.5% Vacancy Estimate ...Crazy??
A new crowdfunding deal (I will not name so I will not have to deals with lawyers etc., again) is for a fund to buy up 24 multifamily units located in Drexel Hill/Upper Darby, Pennsylvania. 12% preferred, then 60/40 s...
Abhishek Singhal
Property manager refusing to provide receipts of repair
My property manager is declining to provide a receipt of the repair that he/she conducted. Instead he/she claims that his/her invoice is sufficient. I am concerned that he/she is either filing bogus small expenditures...
Scott Weston
Big Budget - Top Destinations
Have access to a healthy amount of capital and I'm looking for larger scale, high end short term rentals that make sense. Thinking in the $2MM-$3MM range.What are some of the best destinations with sufficient rental ...
Chris Ryan
15% tax on a non resident sale of a home in Rhode Island
Hello everyone! My name is Chris and I am a newbie! I have the potential of an off market deal with a neighbor of mine in Rhode Island. They are an elderly couple whom have resident status in another state and are l...
Stephan Nemeth
Short term rental tax planning
Hey BP,I have converted a couple long term rental units to short term in 2017 and plan to convert several more in 2018. I was hoping to get in touch with a CPA to work on some tax planning for 2018 as well as get a b...
Bill Exeter
The Housing and Economic Recovery Act of 2008 Amends Section 121
The Housing and Economic Recovery Act of 2008 includes a provision that modifies Section 121 of the Internal Revenue Code, which is often referred to as the 121 exclusion.
The 121 exclusion allows a homeowner to ex...
Brandi T
How does transfer effect 90-day seasoning?
If I transfer a property into an LLC does that start the 90-day seasoning requirement for FHA loans over again even though I am the member of the LLC?
Thanks.
Max T.
McCallum Street Duplex
Hey everyone,In a previous post I announced that I was excited about my new project. https://www.biggerpockets.com/forums/48/topics/555...Well, that project has just begun. Take a look at my first video here: https://...