Humberto Valle
[Calc Review] - Just sharing a deal :)
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This seems like a good BRRRR. Area is changing, and improving and is near Fort Bliss. *This link comes directly from our calculators, based on information input by the member who posted.
Jared McCullough
Looking for a few example leases
Looking to re write my rental lease agreement. I was hoping a few people may be willing to share so that I could bench mark. Also what are some key attributes you think others may be missing based on experience. Thank...
Hector Haro
Driving for Dollars 80% are owner occupied
Ive been driving for dollars. Im finding that 80% of the fixers I find are : 1. owner occupied 2. are paid off 3. They have owned the property for 20+ years They seem to be owned by older homeowners who have...
Keith Meyer
Use Cost Segregation/Bonus Depreciation Instead of 1031 for MHP
Has anyone recently taken advantage of 100% bonus depreciation through a cost seg study to avoid having to do a 1031 on a large commercial property ($1MM+)? If so can you please message me or post about your experienc...
Jack B.
Will I owe capital gains tax if I move back and sell?
I don’t think I would, but for some reason the IRS’ web sites example claims that I would, despite it conflicting with several CPA articles that I've read that state otherwise. I thought that as long as I lived in the...
Henry Nguyen
rental agreement to incorporate COVID 19 verbiage
Hi, I am a new member in BP. I have a 4-plex with tenants who have been in the building for >5 years. Should I update all their leases to incorporate language for COVID-19? The reason I am thinking about this as...
Cameron Price
Asking stupid questions. Steep and Fast Learning Curve
Its amazing how much you can learn by haging around this place and listening to the podcasts. I've been completely immersed in real estate for the past couple months, and I'm almost embarrased by the questions I was a...
Brad Wood
Taxes - are the following income?
For our live-in duplex we charge tenant's 1/2 of the monthly water bill. This varies each month. Is this amount considered taxable income and added on to their monthly rent? If it is, can it also be counted for as an ...
Logan Allec
What is the amortization period for FHA UFMIP on a rental?
I recently bought a fourplex using FHA financing and currently live in one of the units. I also rent out one of the rooms in my unit. So I will amortize a portion of the FHA UFMIP over 84 months (the portion that is...
Palani (Pono) Wright
Residential lot minutes away from the Colorado River
Investment Info:
Other other investment in Topock.
Purchase price: $3,300
Cash invested: $4,100
Sale price: $10,000
This property was obtained from a mailer I sent to out-of-state owner who owned...