Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...
Stan Hrincevich
Triplicate Billings Allowed with HOA Transfer Fees
Not that one needs another reason to dislike Homeowner’s Associations (HOAs), but try this one: paying for the same services three times. The abusive and illegal practice of charging HOA Transfer Fees on the sale of ...
Mike Schorah
Do people only use seller financing when it’s a buyer’s market?
I’d like to approach landlords to see if they want to sell me their property in exchange for a $10000 down payment, $5000 of which is used for closing costs, and $5000 of which is paid for with seller credits. This wo...
Ashish Gupta
what are the pros and cons of buying a property that is not cash flow positive?
Hello,I am new to the site and starting my research for buying the first investment property. I am looking for hands-off approach to buying a rental property. I looked at RoofStock and mynd. I found that some markets ...
William Allen
Health Insurance for Real Estate Investors
So you are thinking about quitting your W-2 job and diving into the life of a solo entrepreneur (real estate or otherwise), and you are wondering, ‘What do I do about Health Insurance?’
How to keep themselves and the...
Brandon McCadney
Wholesaling: Convincing seller to work with you versus an agent
Hey BP fam! I just had a very successful cold call today with a lot of potential. I'm still fairly new to the process and I just started making calls last week. To make a long story short, the seller is definitely mot...
Shyam Subramanyan
Cost Segregation for STR properties acquired in 2018, 2021, and 2022?
I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years. However I am wondering if I can do cost segregation for all ...
Robert Keeling
Rentals, LLCs, and taxes
Curious to know where you guys would point me in the world to find the right person to talk about this with. I don’t expect anyone on here to give me tax advice, but if you have credentials to back up your advice I wo...
Hill A.
Using TSP to help with down payment
Hey everyone,
First I'd like to say that though I don't post much, I'm always browsing and thank everyone for the wealth of knowledge on the site.
I have a somewhat unique question that wasn't quite answered by a...
William Stokes
Avoiding the middle-man
So I occasionally browse the Craigslist "housing wanted" section to look for potential tenants. You know... for a realtor, 1 rental contract pays your gas for the year, another pays for your phone bill, another pays f...