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Results (5371)
Reid Simonton Lender won't allow transfer of ownership to LLC
19 August 2022 | 49 replies

Hi all,

This is my first post on BP - I looked around for similar questions/answers and couldn't find a good match so I figured I'd go ahead and post; hopefully this is the correct forum for my question. First, a li...

Mike Levene House Hacking In Expensive Markets
16 January 2025 | 23 replies

Hi all, I recently started an informal real estate group with some old college friends. They are all looking at strategies to use for their first deal and many of us are leaning towards a house hack to reduce the amou...

Robert Shedden Second Fourplex - 14 days after our first property.
25 May 2019 | 93 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Machesney Park.

Purchase price: $240,000

Cash invested: $63,500


Contributors:
Tara Shedden

Self-managed fo...

Roy Williams Real Estate Professional - IRS Audit
20 July 2011 | 49 replies

Hi Folks,

Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...

Alvin Uy My first "High End" flip -- Looking for some input
26 November 2019 | 42 replies

So here's where I am with this.... A couple of weeks ago, a close personal friend reached out to me about an off-market property she picked up in Eagle Rock, Los Angeles.  She is now on escrow using a loan to purchase...

Will Barnard Validate the 50% rule
11 February 2016 | 141 replies

It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...

Dennis Cosgrave How Will California's Proposed Wealth Tax Affect You?
20 August 2020 | 78 replies

AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...