I have a four unit with steam boiler where all the old (asbestos or horsehair)_ insulation was stripped. Now it's "naked" and needs to be re insulated. What do people generally do in this case? buy replacement jacket?...

1st offer-
Style- 2fam, 2bd/1ba each unit, 950sq.ft each
ARV- 185
List price- 104(REO)
Offer- 80K
repairs- 15K
Strategy- live in one, rent the other @ 1050/mo( below area average by $50)

2nd offer
Style- half duplex,...

Hello BP,My in-laws and a few relatives own 10 hectares on virgin beach land in Cebu Philippines. They are looking to sell. They were born in the Philippines and are living in the US as American citizens. The question...

I’m trying to get everyone’s opinions on if My partner and I should build affordable housing/workforce housing in the Saint Pete Florida area.what are the pros and cons, does anyone have horror stories?We can build ch...

I purchased a property at a tax auction in Thurston County, WA. The lot was listed as usable. They did not zone it as "wetlands". However, the lot is not usable. The neighboring HOA park consistently flows water onto ...

Hello-I have searched a lot of posts, but couldn't find specifics. I live in Massachusetts, but my three STRs are in New Hampshire. I am also a 1099 as my day job. I am looking for an excellent tax strategist / CPA to...

I have a property that I turned into a rental 4 years ago. This property has increased in value $90,000 from the original selling price. What are the tax implications if I decide to sell the property without reinvesti...

It looks like the whole real estate market is now waiting to see what's happening with the first time home buyer's tax credit. The deadline is approaching and no big news about the extension or expansion.

There was a...

There are constant changes within the U.S. tax code regarding energy-efficient housing and sustainability. Within the real estate and construction industries, IRS Notice N-2023-67 has become a key point.
Why did the ...

Is my BRRRR considered successful only if I recoup all of the money I put into the deal? For instance, if I’m all in $195 and the ARV is $230k for a home, is that a loss or a win?