John Mary
Share fence repair fee
Hello all, my rental property's fence fell down and PM fixed right away. I asked my PM to ask that neighbor to share the repair fee, PM said the neighbor told them the fence is belongs to me. I then asked PM to send m...
Sandra Holt
No Cost Solar Panels on Rentals?
I am having Solar City come out next week to assess whether my primary home and 2 rentals are good candidates for solar panels. Their schtick is that they pay for the system (so no out of pocket to me), and I pay low...
Matt Burton
Is this subject to a Deal or a Dud?
Hi gang,I'm a Vegas Greenhorn (been here 2 weeks )and also a BP newbie but have been following the advice and tips for a couple of years now. Now that I am putting a stake in the ground and claiming to the world- I a...
Account Closed
How are investors preparing for SALT cap of $10,000 now
The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
Bryant Diel
Novice in Kansas City
Hey Everyone,My name is Bryant Diel, and I reside in Kansas City, Missouri. Aside from listening to the BP podcasts and reading the Rich Dad Poor Dad book series, I don't have any actual experience in real estate inv...
Brendan August
CARES Act 401k Loans
Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
Tyler Brown
Trying to wrap my head around tax implications
I'll preface this by saying I've already taken these questions to three separate professional accountants. One straight up told me he has no clue, and the other two gave conflicting answers. So hopefully the interne...
Jm McNabb
Is seller financing a safe option
We are looking to build a portfolio but don't quite have the resources to pay cash and/or finance another property this close to our last deal. Is seller financing a good idea to pick up a foreclosure in a location w...
Joe Delgrosso
No Tax Benefits From Owning Properties?
Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...
Nathan W.
Tax Implications of Crowdfunding
Crowdfunding has me really excited. The ability to invest small amounts of money in a lot of different deals is appealing.
Does anyone understand the tax implications of these deals? For example, I live in Te...