Account Closed
Anyone seen Blackrock impact on housing and which areas?
I read an article that Blackrock is buying all the houses and new housing tracts with taxpayer dollars to the tune of over 30k houses per year. Turning them into SFR. They are buying above market. Anyone else know ...
Eric MacDonald
Currently have $800k cash and looking to get into real estate Need advice.
Hello All!I would like to provide a brief overview of my current professional and financial status. At 36 years of age, I am serving as a Vice President at my existing firm. My financial liabilities are confined to th...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Austin Hendrickson
Opportunity Zones - new potential PERMANENT tax savings?
Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
Nina V.
Section 8-First time landlord and already in trouble! Please help
Hi All,In the process of renting our property, we received many applications. One of them was an aggressive lady on section 8. She assured us she has excellent credit score. My dad who was helping with the process, se...
Stuart M.
Expense Real Estate Taxes on Sched A before in-service?
Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...
John Backus
Under water on house- Is forclosure an option?
Hello, I'm looking for some advise on what to do. In 2006 my wife and I purchased our first home in Lansing, MI. Honestly, I believe we overpaid unfortunately, and it cost us $107,000. We had an FHA loan with no down ...
Keith Saunders
Major Banks Forging Ownership Documents
Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...
Bill Ham
Where does cash flow come from?
Where does cash flow come from?I find that most people have never considered this question. When I ask, “How much money do you need to produce, in passive income a month, to be comfortable?” the average answer is $10,...