Nick Buten
CPA Question: Sale Vs. Seller Finance
Hello, I’m hoping there is a CPA in BP who can help me explain the 2 scenarios below to a seller. ***The seller has no debt on the property Offer 1: $375,000 (Bank Financing)Offer 2: $375,000 (Seller Financing)- 10% D...
Chris Perez
Tax Deductions: Repairs vs Improvements
Hi All!
Earlier this year I purchased a 4-unit property, and I'm currently living in one of the units. Over the past several months, I've invested about $30k into the units. I'm having trouble determining what exactl...
Derek Baker
Lender Recommendation in California
Looking to refinance my primary residence into a investment property mortgage in N. California. Anyone you might all recommend
Tom Townsend
Subject To plus Owner Finance Deal in Marietta, GA
Investment Info:
Single-family residence other investment.
Purchase price: $185,000
Cash invested: $29,900
Subject to + Owner Finance FIX and FLIP.
What made you interested in investing in this...
Michael Meegan
My CPA is using my Passive Activity Losses to write off my non-passive income????????
I don't know if my CPA understands and is preparing my taxes correctly.I love her and want to grow my business with her, but I need some knowledge so I can have a good conversation with her.Here's the scenario:In 2022...
Brian Colbert
Has anyone found an easy way to explain to an agent how the short sale process is a good deal for everyone?
It seems to me in California at least it is hard to get an agent to take offers very seriously. With all the DRE hoopla Negative articles being published everyone is afraid to get involved :roll:
Regardless how you ...
Daniel Desrosiers
Has your turnkey Co. every charged a fee to find first tenants?
This is my first time working with this relatively well known turnkey company. Their website describes a turnkey rental property : "Our expectation for a turnkey property is a home that has been rehabbed, leased to a ...
Olander Jackson
Closed on a property but 3 days later buyers agent says I owe $$$
I went to closing the the other day on my first property. I signed papers but now my buyers agent is claiming that some fees from her realty company where left out of the paperwork and I owe 1700 additional dollars. P...
Benjamin Johnson
Website question (From a noob from Indiana)
(Question at the bottom of post for your convenience)
Hello BP wholesalers,
I'm currently getting into wholesaling and have decided to create a webpage for my sellers to be directed from my bandit signs.
Part of my...
Ryan Dossey
When a seller gets upset about you wholesaling...?
We had a home that we put under contract to buy. Looked like a great flip. Our contractors walk through gave us estimates. All looked a-ok. We ended up finding more issues than we were comfortable working with and ano...