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Hello, I procrastinated and now I beg the community for help. My wife and I formed a partnership LLC this year and bought our first property. I have filed the 1065 and did not include mileage expenses in the 1065 sin...
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I'm purchasing my first property in a few days. The process has been long and tedious. It started in 2018 visiting a property out of state. Can I claim the mileage, hotel stays and meals from 2018 eventhough the p...
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We have a tenant on month-to-month lease in Lacey (Thurston County). He is unable to pay his rent for the month due to spouse's job loss. The spouse has found the job, but they don't have resources to pay for the curr...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $252,858
Cash invested: $16,428
Sale price: $310,000
PreHab is awesome. This project took us 3 months (2 weeks ...
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Hi Guys,I am a newbie first time investor. Found a property on the MLS for 65,000 . Needs about 80k in renovations. Arv is 180k-200k . With built in equity . Motivated seller. Rent in the area low end 1100 higher end ...
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I'm curious to learn more about personal finance choices that BP members have made in addition to owning real estate. As you build your wealth, what are your "must have" numbers or "must do's" in life? Many recommend ...
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Hello everybody, I relocated from Oregon to Long Beach about a year ago for a job and I'm considering making a purchase on a multifamily as a primary residence. First I'd love to meet some investor/rehab specialists...
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Well it appears that most of us did OK for Apr rent based on the replies from many on this board, but now with May coming around now, let's see how we do as a group. So far I have 2 out of 8 who paid and those 2 usua...
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Hello all!! I am a 44yr old married guy from Sugar Land, which is located southwest of Houston in Fort Bend County. I was recently laid off from a very good job managing oil rigs in the Gulf of Mexico. I have no re...
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Hey all. Wanted to run a deal by the BP community and get some thoughts. The deal looks great on paper, but with all this craziness in the world and a possible impending major recession, I don't want to jump in to s...