Luke Carl
Best Market For Vacation Rentals?
I’m in the Gatlinburg Pigeon Forge Wears Valley (Smoky Mountain) market and I’m very pleased with my returns. It’s easy to scoop up a cabin that will bring in 1.5++% and you can manage it from anywhere in the world.Ob...
Steven Barros
BUYING REAL ESTATE W/ BIZ ON 30 YEARS TERMS? GOOD IDEA OR BAD?
Hello BP,I have an opportunity to buy an established beer and wine market w/ existing business. Offer is 400K for both. The business claims it nets 120K, the owners are not currently paying themselves rent. The buildi...
Gerard Mangenot
Tax strategy question
I have an single member LLC newly formed in late 2017. I purchased a property in the LLC name to be flipped in 2017 that will sell in 2018. I have not elected to be treated as an S Corp at this time. Nearly all ren...
Eli Kallison
California Tax Sale: Deed of Trust with Assignment of Rents
I am doing some title research on property in California that is being auctioned by the county due to non-payment of taxes. This California State Legislative code outlines which encumberances will survive a tax auctio...
Jeff Lundeen
How to run numbers for house hacking a SFH with roommates?
My current market appears that I am best suited to purchase a 4+ BR SFH and rent out the other rooms for my first deal. I'm curious if using this strategy how the numbers would differ from house hacking a multi unit ...
Erin Babnik
App or software for analyzing and bookkeeping?
Can someone recommend a VERY simple app or software program for analysis and bookkeeping? Specifically, we have a commercial property in California that recently had a massive increase in the fire insurance premium. A...
Jasmine Wilkes
federal taxes
I just started my llc October of this year through the state of texas. if I don't receive any funds this year or do a deal this year do I have to file taxes? ive spent money on starting the company and filing and mark...
Account Closed
An Economic Upswing Has Transformed Washington D.C.
We live in a changed city.Our specific demographic data will continue to shift every year. But the major change—D.C.’s transformation into a city of the wealthy—has already happened. Any further shifts will simply mak...
Daniel Lin
One way to cashflow rentals - not paying property taxes
Here is a case study on investing out of state for us California investors and being a landlord of section 8 housing in lower end markets.
Anyone attending the tax sales in August?
Million dollar tax bill owed in ...
Jake Kinoshita
Can you manage bookkeeping for flipping by yourself?
I am doing bookkeeping for my rental business and am interested in flipping business but can you bookkeep flipping business by yourself?Of course you can always ask CPA to do everything but it is not cheap to hire the...