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I never thought I'd be looking to do a vacation rental, but I think I've found a good deal. The house is in an area I often travel to get out of the big city and reset so it's a win-win for my sanity. It's a super sma...
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As so many BP Podcasts have said, I don't look at this as a bad thing. It's a 'free' education on tenant screening mistakes as well as learning the ropes in my rental market on evictions. Without going into too many d...
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Hi all, reposting this in a different section for more perspectives.I have an off-market property under contract for 400K in SLC, Utah that I was planning on house-hacking to friends while renovating. A problem arose ...
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After sales i'll have about $300k. I'm experiencing analysis paralysis. If I want to save ~$60k in cap gains tax i need to 1031 into something. Or, should i just pay the tax and throw it into the S&P500? I fig...
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I received a CP2000 notice from IRS and send to my accountant who prepared taxes. The inquiry was resolved with a simple letter to IRS explaining where income (rents) were accountant for in LLC return. The issue was...
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so, on Nov 3 I got my first contract. I found the deal on zillow. he first wanted 180k, but got it under contract for 119K, we even negotiated lower to 110k, but didnt get the second contract signed. Long story short ...
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Hey! Is it best to work with a loan officer??What are the pros and cons?What are my other options?
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I have just found the draft texts of the COP15 treaty. Section 3 states the we will have to reduce our emissions by 50-95% within the next 40 years. There is even a selection of 95% or more in 40 years. Wouldn’t ...
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I quit his site because I was not benefiting from the same old advice. I get it, build a team, hire professionals, blah blah. Let's get into more intermediate to advanced topics. Let us discuss how to finance prop...
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When protecting your assets, build a castle not a fence. You’ve made the effort to make your money, now keep it. You’ve built a fence to protect your assets by using an LLC, now learn how using the awesome power of Ir...