Zachary Slagle
Lubbock Rental Valuation Question
I am about to sell my investment property. I would normally be a buy and hold investor but I am selling this property in order to reinvest in my new city. This property is unique because it is a single family home whe...
Andrea Williams
Tax question from a newbie
My husband and I bought a commercial property in February that’s doing well, but now we’re about to buy our first SFR, and it’s a unique situation. We’re purchasing my husband‘s grandfather’s home from his mother. We’...
Craig McLaughlin
Cedar Rapids accountant / tax person?
2020 was my first year owning investment property. I would love to meet with and hire a good accountant and /or tax professional who specializes in real estate investing. Previously, I had always used TurboTax for my...
Justin Goodin
Markets That Have Fully Recovered From COVID
Rents nationwide have already recovered. National rents are now 0.6% greater than pre-pandemic rents. Also, 14 metros have occupancy levels and rents above pre-pandemic levels – either because they’ve fully recovered ...
Linda M.
Submitting HUD bids in LLC and in personal name?
Has anyone submitted bids using their LLC name and their personal name? One would be a low bid that you know most likely wont get accepted. The other will be your normal bid that has a better chance of getting accepte...
Olesya Richards
What would motivate a city to build a road?
This is more of a question than a diary. Here is the backstory. We found this amazing deal for an 1 acre lot that would normally cost 4x from the price we’re getting it for. The only issue is that we would have to dev...
Geri May
Month by Month Addendum
I have a tenant that just finished a year contract, we have agreed to do a month-by-month lease for a few months as she looks for a job; she is a college graduate. I would like to have her sign a month-by-month addend...
Vittal Premachandran
Solar Tax Credit While House Hacking
I will be house hacking my primary home and I am wondering that are the implications on Solar tax credit and bonus depreciation?
- Can I take the full 30% solar tax credit if I house hack a portion of the house? If n...
Jason Bratter
Closing Costs
Hey BP, Just a quick personal question for you all. Who pays the closing costs? Do you as a wholesaler pay them, or have the buyer pay them? I have downloaded a few contracts for wholesaling off this site and some hav...
Account Closed
Loss carry-forward and Household income
Hi everyone,I'm doing some excel modeling to analyse properties and I have a couple of questions regarding losses carried-forward. Until today, I thought that a passive tax loss for a given year could be "stored" to o...