Does anyone here have recommendations for a New York City based CPA or lawyer with experience structuring multiple businesses? I am investing in out of state land where I plan to eventually build a vacation home with...
Hi everyone,I am wondering if there are guidelines for writing off Rental Property investment related expenses on taxes which were incurred before acquiring a rental property. I am looking to buy my first rental prope...
Let's say you buy
were to buy a property for $1,000,000 at a 5% cap rate which happens to be the
market cap rate as well. Through $200k of renovations and improvements, you are
able to increase rent resulting in th...
Hi BP Community,Recently I sent a mailer to non-owner occupants looking for my next deal. I got a call from a woman who lives on the other side of the country and wants to sell a rental that she inherited from her la...
Hello, first post from a new member! I recently formed a single member LLC through the state of Texas to use as a vehicle to buy and hold passive income streams. I have a few existing interests in multifamily and comm...
I’m a real estate agent that flips houses as well. I was looking for ideas to minimize my tax impact without using a 1031. Thoughts?
I am purchasing a multi unit here in Las Vegas, and we set to close on the 23rd of this month and well there has been a sticking point as of today. It is so small in nature and I am confident it will not change the ou...
I am currently checking around local banks to find out the way they finance rentals, and I am only being offered ARM or loans with a balloon payment, and getting them to finance for 20 years is even difficult, most of...
Welcome to the laid-back guide on landscaping hacks to effortlessly elevate your rental property's curb appeal. A well-groomed exterior not only attracts potential tenants but also adds value to your property. Let's d...
I am in search of an ideal real estate investment strategy that aligns with my current circumstances. My initial understanding suggests that Short-Term Rentals (STR) might be the appropriate route for me, however, my...