If i am partnering with someone 50/50 (buy and hold strategy) and we put both of our names on each mortgage does that mean that we are limited to 10 conventionally financed properties combined as opposed to 20 if we w...

Hello All,I am relatively new to BP and wanted to seek some advice on the Atlanta market for those of you that are in the know. I am currently gearing up to purchase my first property and I am having trouble narrowing...

So I always hear people talk about cost segs and bonus but no one mentions the ordinary recapture component.
The IRS doesn't like people taking ordinary deductions one year, then selling an item, and getting all capi...

Hi-  I've been involved in real estate transactions for 13 years.  Currently, I'm the head of business development for Kelly Mortgage and Realty.   I'm privy to a large amount of deal flow.  My recent experience and d...

I am a realtor and I have access to all the properties in MLS in which the sellers are open to doing lease options. My partner and I are in the process of forming an LLC (seperate from my real estate company) for all ...

Hello,
I have a rental condo in Pleasanton, CA. My tenants just moved out after staying for a year and have apparently burnt the kitchen countertop. They suggested staining it, but that hasn’t helped.
The counterto...

Hey guys, I've just bought my first condo, it has floor to ceiling windows in both bedrooms, as well as the living room that also has a sliding door out to the balcony. The current windows are super old and need to be...

Hi Everyone,
I have placed an offer for a 4-plex and through the appraisal report, I got informed that each unit is 250 sqft less than the county records. The County is showing 1380 sqft but the appraiser came up wit...

So I am looking to purchase this property as a buy and hold.  I see these types of cabinets often, whats the best and cost effective way to update them?

Hello. This is my first post on BP, and I have a couple questions for anyone who's a CPA, or has had a similar experience. I just sold my primary residence, I used the profits to pay all my credit card and other debt ...