So i've been looking to buy a multi-family property in my town. I've recently come across a duplex that both halves of are for sale. One is a lender approved short sale and the other is priced relatively low also, i t...
Hey BP Community, I am still relatively new to the real estate industry at least in the sales side (have been a leasing agent for over 3 years). I wanted some general information that would be important to pass along ...
I want to go back and do a cost segregation study for a property I purchased and put into service in late 2022. I’ve always done my taxes through TurboTax (I know, burn me at the stake lol) and did for 2022 as well. I...
Hi All -
I know this is a hotly debated topic and I certainly don't want to create any heated discussions, but I'm looking to buy my first rental property and I'd like to put it in an LLC. I know there are multiple...
I have a property that I'm flipping and am hoping to use the proceeds of the sale towards a down payment on a primary residence. Do I avoid taxes on the money I make from the flip by doing this? I understand that I ca...
I am considering buying a Florida vacation condo rental. As part of the consideration, I am trying to figure out how I can get the largest tax advantage. Is it better for my wife and I to purchase the property and ...
Hope all is well! I’m planning on buying my first home from a relative of mine and will be using a standard FHA loan to do so. Any tips? Do I save more? Benefits?
Has anyone used this websit for finding tenants / marketing a rental and the ongoing managment of the tenant after move in? IE: collection the rents, back ground / credit check etc. i am just finishing construction on...
Hello,I’m looking to have cost segregation done on a valuable single family rental property.The price we paid for it less than the land is just over $500k which is the limit for some software.I’ve gotten estimates for...
Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...