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Hi BP! We (my PM/father and I) are meeting with our first potential partner (PP) later this month. We have done 3 deals by ourselves. Our PP has 1 rental property, but I don't know any details on that. He did say he w...
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whats the best way to pay out proceeds from the sale on a fix and flip for tax purposes for people that was involved in the investment?
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I have read some excellent posts from @Brandon Turner (and others) on building one's real estate portfolio incrementally and how the math works. It all makes great sense.My question is this--how did billionaires who...
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Hello -
I am looking for someone to run some various tax analysis and projections based on different future scenarios - kind of a Long Range Plan. What I typically see is a tax advisor or CPA that will file your tax...
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Ok, my question is, my wife and I share a joint bank account. My wife's income is higher than mine, but, is mostly tips, pay for services, and other deposits like that. Her credit is not good either. my income is abou...
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Hi I am looking at purchasing a potential 6 unit property with 10 storage units about and hour away from me. I don’t wanna be up there all the time and am wondering what the cost for a property manager usually is and ...
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I am closing on a 32-unit apartment complex in about 3 weeks in East Dallas, TX but I’m having a very hard time finding a Property Management Company.Current PM is not doing a good job so I need new management.Can som...
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My grandma is in a very nice nursing home. Her house has been vacant for almost 2 years now. My dad and uncle are trying to deal with her stuff and everything else that goes on with that part of your life. They are co...
Looks like the sba and treasury has denied multifamily owners from accessing PPP funding. Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-...
Is it just me or does anyone else feel like this SBA loan / paycheck protection program is going to be scammed to death by everyone and their brother? It just doesn't make sense. What if I (purely hypothetical) had ...