Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Syed A.
Moving Rental Properties to Corporation
Hello BP Folks,
I am new to the forum and need some advice at this juncture. I am computer engineer by profession and started the real estate investment around 2 years back and purchased 8 rental properties m...
Matthew Klegon
Structuring for tax//legal/asset protection...and life control
Hi BP - I currently live (rent) and work in NYC but want to (i) house hack, and maybe down the road invest further, in New Jersey, (ii) invest with 2 people in multifamily properties in Massachusetts, one of which has...
Derek Whitener
Tax implications of "Investor" vs "Dealer"
I have house hacked a few times now where we buy a foreclosure, renovate, then sell a house at the two year mark so taxes have not been an issue. We now want to flip a house on the side, outside of our primary residen...
Diana Adams
New Member: Tampa, FL
My name is Diana Adams and I’ve lived in Tampa, FL since 2010. I owned three properties in Michigan, Georgia and Florida most recently selling the 10 year rental property in Atlanta, for a nice profit, to fund a rece...
Tracy Z. Rewey
12 Days Of Note Investing-Day #10 Bagels and Business Notes
Traditional bank financing can be difficult to obtain when the sale of a business does not include real estate. The Bagel Shop and Deli note highlights how owner financing can be an effective solution.The owners ha...
Christopher Perez
50% of Loan Requests get Turned Down Due to Improper Packaging
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
Maurice Evans
Assisted Living Home
I have a potential client that wants to open up an Assisted Living Home in a rental property. Will the owner of the property have to make changes to his or her insurance policy to reflect and will that cause an addit...
Zachary Engen
Business bank account or personal acct
I need some advice on rental bank accounts. So I have an llc and business account set up for that llc, but I just bought a duplex with an fha loan which isn't in the llc because I couldn't get fha approved for the llc...
Champ Leong
How to get a reply...
How many business days is "reasonable" to allow a lender to grant a pre Qualification? Additionally, how many business days are "reasonable" to allow REA's/contractors etc to REPLY to a message/request?