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So I left my CPA's office today feeling a little down. I thought that I had some legal loopholes that would help my business out using Real Estate.
Here is the scenario: I have two commercial buildings. One h...
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How can I use Solo 401k money to fund this investment? I lease a property which I have turned into a short term rental. I am the property manager taking care of marketing and day to day operations. Can I use funds fro...
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Hello BP! Im new to both REI and BP. I'm 19 and looking to get into REI through wholesaling build my way up and learn the business at the same time that was my plan. Looking through the forums though i'm confused if w...
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I have a couple of questions if anyone could give me an answer it would be greatly appreciated...
If you wanted to wholesale a REO what are the steps that we would have to go through to completion ?
And the earnest mo...
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A tenant of mine just informed me she got a pit bull puppy and did not ask permission. It states in my lease they need written permission.
The tenant is kinda slow and I could not understand what she was saying over ...
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Does anyone know of a Hard money purchase/ rehab lender that will allow my self directed IRA to hold a vested ownership interest on tile. I have several Hard money lenders that will allow me to use the funds as down ...
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Can you do a 1031 exchange selling property and rolling the gains into a replacement land owned by an LLC that you have a small percentage ownership in? Is there a maximum % ownership in the LLC that the IRS would all...
Hi All,
I want to run a small business out of my apartment. I am having difficulty finding if it is possible and legal for me to do so. My building falls under zone CMX-2 section 14-533 of the code. The space has t...
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Purchased our first STR property in Feb 2020 using Athas Capital, 6.875% over 30 years. Price (appraised value) was $1.1mil, loan is $815k with a $40k prepayment for 2 years. We selected Athas due to our "traditional"...
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Hello BP community,
Can I write signing up for BP PRO off on my taxes as a business expense? Or anything else like lawyer fees, DM marketing campaigns etc?
Thanks for the feedback!