I own a Real Estate C Corp that Flips properties. I also own a construction/ design company that gets paid from the C-corp through a 1099 each year when I do construction or design services for the C Corp.
Averagi...
Hi,I've had this idea for a while now, just looking for feedback-advice-thoughts.Live in a mid sized city in the Southeast. I guess we are a "regional" destination for many services and businesses, including an area ...
Sorry for the double post, but I couldn't edit my last one.Would you purchase a multi family that had a lead water main if you didn't have the budget to replace it? The estimate to replace the one in my situation is a...
I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...
Hello BiggerPockets community! I'm a newbie who is itching to buy my first small multifamily to house-hack. I have never bought a house before. I am currently renting. I put an offer in on a duplex close to where I li...
First contribution, long time consumer of BP content. About me: 28 years old, first time home buyer and Floridian Nurse who plays OSRS.This project: I want to document and interact with the members of this amazing co...
Hi everyone,
I recently purchased my first single-family property in 09/08/2023 and converted two smaller rooms into rental units while occupying the principal room. I invested approximately $4,000 in furnishing thes...
Question I will have about 22k left over from my 1031 that I will either receive back and pay 15% taxes on. I owned the previous house for more than 1 year so that's why capital gains tax is that much in Ohio accordi...
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
Hi BP, I'm currently selling a single family home that I hold in a 2 member LLC with my wife. It was originally purchased under my name as an individual. We are purchasing a 4 plex with the 1031 proceeds combined with...