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Results (10000)
Sam M. How do I pay my employee?
20 June 2013 | 9 replies

Hello all,

Thanks in advance for any replies.

I have one full-time person who helps me in managing my business. I also have a part-time maintenance person. I have been thinking of hiring the part-time person full-ti...

Ralph McDaniel How to Avoid Capital Gains ?
30 March 2024 | 11 replies

I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months. I mentioned this to my CPA and they were not aware of any s...

John Cho Question about 1031 intermediaries
12 September 2020 | 7 replies

What is the difference between different intermediaries or how would you evaluate them assuming basic conditions are met (timely communication, can complete transaction within IRS deadlines and not a crook).  Im tryin...

Zane Ritter Looking to Learn and Add Value
27 July 2023 | 5 replies

Hello all. I have recently joined BP as a next small step toward my goal of replacing my 9-5 income with a more passive income. My primary interest is in buy and hold strategies. I am hoping to connect with successful...

Eric Williams Disregarded Entity Qualification: Married Couple in Community Property State
21 October 2023 | 2 replies

Rev. Proc. 2002-69I found this guidance and thought I would provide a summary:It was issued to remove uncertainty surrounding treatment of an entity owned solely by a husband and wife in a community property state.Ess...

Mark Rogers Landlords - "HEROES Act" Could Make You House Folks for Free
16 June 2020 | 9 replies

I am deeply troubled by the latest HEROES Act and hope that it will not survive in its present form. Section 110203 beginning on page 961 may be one of the biggest land grabs and transfers of wealth in recent memory ...

Dwayne Jones Do you think appraisers typically make fair reports?
15 August 2016 | 7 replies

I"m just curious. Do you think appraisers typically make reports strictly from data or do you think personal bias play a factor. Example: most sales data for a house is public record and do you think you get the same ...

Sierra Murphy I Got a Call Back From One of My Letters, But Seller Wan'ts to Sell at Retail Price
27 December 2012 | 15 replies

I started my yellow letter campaign two days ago and I received a call back this afternoon. The seller left me a voicemail saying he wouldn't want anything less than 400K for his property, so basically retail price. I...

Jake Abbatacola First Flip - What if tenants don't leave?
31 December 2020 | 11 replies

I will be getting the keys for my first fix and flip property on the 14th. The house currently has tenants living in it, who are on a month to month lease, which ends on the 14th. What steps could I take to ensure the...

Nicholas Patrick Would you take an 18 year old landlord seriously?
26 June 2016 | 15 replies

I want to get into buy and hold Real Estate. My age is a huge concern for me. I think possible tenants will not take me seriously. I am only 18 years old.