My husband and I have a former residence/rental in Memphis, four houses in the Birmingham area (and currently in the final stages of closing on another there), and we are looking at properties in the Orlando area wher...
Hi BP community,I recently started my property portfolio using a bank loan, and decided to explore private investment to speed up the growth of my portfolio.I have an investor friend who is interested in backing me af...
Let's say you have 1 rental and no other type of income.Rents after mtg interest, Property taxes and insurance brings income to under 9k and therefore no taxes are owed in this situation. No other expenses for this ex...
Has anyone ever purchased an existing property management company? Any opinions on property management company valuation? Pros/cons of purchasing an existing management company? Thanks!
Has anyone built an affordable ADU? I'm considering building a few on a large piece of land near a local college in San Diego. I'm wondering if I would be able to rent them to college students and what exact amount I ...
Many people proclaim the wonders of seller financing, and claim that one of the primary benefits to the seller is the "minimized tax burden." Can someone please walk me through exactly how this works? I imagine the na...
My wife inherited her mothers home when she passed in October 2017. The home is going to become a rental property. I understand that the basis on which depreciation will be calculated is based on the fair market ...
I have a piece of property that our LLC purchased to develop into a vacation rental property. It's located in a gated community near a touristy lake. We never broke ground. We've received an offer to purchase that pro...
Hi All,
I'm looking for help as I've been receiving really contradictory information after several CPA consultations. I'd love some advice or Real estate specialized CPA suggestions.
Context - I recently bought a pr...
About how much would it cost to have a cost segregation on a townhome? I've see anywhere from $5,000 to $15,000. Who conductus the study?We just switched to a new CPA that assured us he has "several" clients with inve...