Wesley Thompson
Disappointed…but not deterred
The cabin deal fell apart at the last minute. My partners and I know we didn’t anything wrong, in fact, it’s quite the opposite. We had the entire framework of the deal put together and received the 1st contract for r...
Tom De Napoli
How will the COVID-19 Crisis Impact & Likely Recession Impact RE?
It's 7pm and I just leaned out the window of my Brooklyn apartment to cheer for front line heroes in my city's and the world's fight against the COVID-19 Crisis. This is a new routine I could not have imagined just o...
Layla Savant
Length of rental period when converting primary residence TO rental for 1031?
Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...
Shane Petersen
Can I sell my STR for more than market value if I have established revenue?
I have a STR that I've owned for 3 years in the Orlando market. I know commercial properties are worth more if they are sold with a tenant in a lease. Does the same apply to a STR (of course there's no lease, but ther...
AJ Wong
How to lower property management costs on luxury STR vacation rental property
When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
Alex Show
Townhomes in Kissimmee near Disney - thoughts?
Hi curious to hear folks' experiences who own and rent their properties out for short term rentals, especially townhomes in the Kissimmee area near Disney. Would love to learn more about the market here, and if anyone...
Isaac Guzman
Newbie with access to funding... need advice please.
Hey BP, I just started a new position (about two weeks ago) at a fast growing funding company here in San Diego. A buddy recommended me and within a week I had an offer. Great place to work and the people are awesome ...
Account Closed
How to issue a W2 to myself?
Happy New Year everyone! Let 2016 be a year of learning and prosperity for all.I have a question and I would like someone who has done this and has experience with it to help me out. I have been acting as a sole propr...
Dan Passarelli
Partnering / mortgage question
Hi. I have a hypothetical question. When buying a rental property with a partner, would / could it make sense to have just one of the partners take out the mortgage in just their name and the other party not be on the...
Navid A.
Deducting Business Expenses & the Standard Deduction
If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...