Eric Belgau
Professional Services as an Expense?
My keyword settings keep me seeing forum posts about LLCs. Inevitably, discussions of LLCs (and the constellation of issues related to them) reinforce the need to work with professionals: attorneys and CPAs espec...
Zachary McDonough
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.So I have already put this deal under contract; however, I am looking for advice on the...
David Epstein
Real Estate Investor - Standards Deduction?
BP friends,Just want to get your take on things: I am fairly meticulous when it comes to record keeping (or at least record keeping catch up around tax time) and still find myself looking at a better deduction using s...
Sebi Ardelean
Single Family Live in Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $153,000
Cash invested: $35,000
Sale price: $251,000
My first step into the real estate investment journey! Pur...
Zaid Badabwan
Commercial real estate inspection and repair
I am thinking of buying a commercial property for the first time in Tampa, FL. I found that most commercial properties that are for sale in my price range need a lot of repairs. I will do the inspection, but my questi...
Hector Ayala
Advise on contractor's quote
Hello everyone, we are currently in the process of buying our first home that needs work, we are going with a 203k loan to fix it and have some equity after all is done.We have received our first quote and we want to ...
Sid Liso
Obtaining all lien and emcumbrance information
Hello all, I am new hear and have been researching for awhile now. I understand that you can obtain lien information for yourself from the county clerks officer (or you locations equivalent). What I would like to know...
Aldrin Colorado
Checking First Rental Property and Estimate Rehab?
Anyone know what I would need to do to check my first rental property and how to best calculate rehab costs on a budget?
Richard Arden
How detailed should my books be?
I use Stessa and was wondering how detailed I should be when it comes down to filling my receipts.I only own one duplex and I have been recording things as simply as possibly. Should I be breaking down costs in Stessa...
Adam R.
Proof of Income & Expenses on Property
I just signed a P&S on my 1st commercial property. On the P&S I requested the past 12 months of income and expenses. What should I expect from the seller as far as detail? Just a pro forma income/expense sum...