Hi, I know the rule is if a person inherits a property there is a stepped up basis for capital gains purposes. Does the same rule apply to depreciation? The property in question is purely a rental and would stay that ...
Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
Hello agents, are your commissions reduced if the property sells for less? Lets say a property is listed for 100k you get 3% which is 3k but then the property gets sold for 50k do you still get 3k or 1.5k?
Some people may know me very well and know my motivation. Here are "some" of my goals for 2020. What are your goals??Multi-Family Minimum $100mm AUM.Build more relationships with investors on BP:)Help over 10000 peopl...
Hey Everyone! I am just getting started on my real estate investing path and I think I have come across what looks to be a good deal. I haven't submitted an offer or had an inspection yet, but based purely on these ...
Hey everyone! My name's Jimmy, and I'm a Marine EOD Tech stationed at Camp Pendleton, California. I'm originally from Michigan, but luckily moved somewhere a bit warmer to avoid the miserable winters that plague the...
Hi BP world, I've been studying buy and holds, and house hacking strategies for over a half a year and I've become very confident in what I'm looking for in my first property. My goal is to house hack (rent per room) ...
View report
*This link comes directly from our calculators, based on information input by the member who posted.This is a deal I'm thinking to do. FHA loan. The lender is not a bank but a company tha...
View report
*This link comes directly from our calculators, based on information input by the member who posted.
As a young professional in real estate, I can't help but acknowledge when other young professionals are involved as well. This is a question for everyone:When looking to work with someone in real estate, no matter the...