Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Christa LaFlam
C-Corp or S-Corp
My husband and I set up our business as a C-Corp, in order to take advantage of the tax benefits/write offs as well as the asset protection that the C-Corp allows for. However, the first year I went to have the busin...
Senia E Cuevas
New to BP - Evaluating a 8 unit apartment Building
Hello BP,
I joined this week and new to real estate investing - rental is the way I want to go. I found a 8 unit apartment building $400k and have about 40k to use. Learned at the webinar this week that I need 20% ...
Julie Marquez
How Do I Let It Go (to a Property Manager)
My family has managed our own properties for over 35 years, so we have a little bit of experience and knowledge. We aren't perfect, but the forms have been tailored to all our specific issues over the years. I've been...
Shaneice J.
FHA, MULTI-UNIT PROPERTY, AND A LOW CREDIT SCORE walk into a bar
Hello BP community, I am a long time "lurker" on this site so please allow me to introduce myself! My name is Asia and I'm interested in house hacking/cash flow through an FHA approved multi family property. I have pu...
JAMIE Doyle
pulling the trigger
when will i be ready to pull the trigger???, thats a tough question i ask myself every day. i am a 31 yr old husband and father of two who gets up and goes to a job every day to make other people wealthy. i am truly d...
Greg P.
Second Appraisal..
Hello all. This has come up a few times in our rehabs, and I've been pretty worried because we had a property in the past where the buyers backed out due to low appraisal. Has anyone dealt with the 2nd appraisal com...
Rich Weese
Taxes, Taxes, taxes!!!!!
I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...
Nemi W.
Results of 1st visit to Courthouse for Probate Leads
I'm excited about taking the first step and figured I'd share!!
Upon walking in and asking for open probate files, I expected a confused look, a "well you can't have them because...", or a "be more specific". Intere...
John Matthews
Moving to San Diego
Hey all,Been investing in Philly for the past year, purchased, rehabbed and rented out 8 properties, but my wife just matched for residency in San Diego, so we're making the move in June. I'm looking to stay active in...