I sold a rental recently and will have a sizable tax hit at the end of the year. I do not have any taxable stocks to sell at a loss to offset the capital gains. I’m still looking into solar panels for the primary hous...
BiggerPockets just announced its partnership with Invelo. Invelo is a true all-in-one solution for real estate investors, built with industry-proven best practices. The platform aims to provide investors with everythi...
I have a tenant on a month to month lease and on June 26 I advised the tenant that I would like them to sign a year lease and rent would be increasing effective 8/1. The tenants texted me stating "I will be giving a 3...
So I was talking to my REA earlier about a mailing list for MFs, and I mentioned that I wanted to be able to use an FHA loan for those properties, and he said that an FHA loan would only work for one half of the duple...
Hello all, looking for help in multifamily / apartment complex - funding.I've been looking for multis in our very competitive Boston market but have recently started searching out of state in other growing areas.I w...
Hope I can explain this well enough. Background....I invested in two DST's in Jan of 2022. When I received my 2023 taxes back from my tax preparer, I noticed that they included income from the DST's but did not incl...
Hey BP, I have been constantly scouring the podcasts taking notes and educating myself as much as possible. One of the podcasts with Scott Smith #109 he recommends having your properties in an LLC or a trust for anony...
Hey guys!Recently, my offer was accepted for 5 units in Eastern Milwaukee. We found these deals off market from a seller who is looking to get rid of 150+ units (SFH & Duplexes). We found out that the city is maki...
I own two commercial properties in Rural AZ. The info is as followsProperty 1: Rents for $1850 a month on a 9 year lease (7.5 years left) to a Arizona specific non-profit. I owe 125K on a seller carryback at 7% intere...
I recently financed a deal using Hard Money with the typical LTV 80% and they cover 100% of rehab. My question is "Is it standard practice that the Draws are on a reimbursement basis?" This totally messed up my calcul...