I am building 4 single family homes and expect a very nice payout. Interested in how investors/cpas would structure this to maximize after tax return.I bought the property for 800k. The seller didn't know what they ha...
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We have a 3 member LLC and we are selling a vacant 6 unit residential apartment building and we would like to exchange it for a house. We own the apartment building free and clear and we will be using a commercial loa...
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Hello all, Looking for some advise here. New tenant has been in the SFR for a month and just started complaining about a smoke smell that wont go away. She says she has asthma now. She has been complaining for a few m...
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I just read Ayn Rand's book Atlas Shrugged. What does everyone think
of it?
I like alot of ideas she had about socialism and capitalism. But I also thought like any idealogy she went off the deep end in some places...
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Hello BP,
My name is Nasser and I am a newbie from Saudi Arabia. I have a decent job with good salary since 2007 but in recent years I thought that I do not want to only rely on my salary. Therefore, I started explor...
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Hi BP,We have been leasing apartments in our multi family units for a while now, but have never before seen the possible need to include a lease clause with the Golden Rule in it- treat others as you wish to be treate...
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As an investor, new or seasoned, we have various options for our strategy. Some may use a multifaceted strategy, and others may prefer a single avenue (though that may change over time).I want to give a few ideas and ...
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Hey Guys,
I recently took over a rental property that my father was going to allow to foreclose. The property has been rented out by primarily, the same tenants throughout his tenure. Here is my issue; this is a two...
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I understand the basic concept of investing in note vs. rental properties - no headache with Tenent/Toilet etc while rental properties come with potential appreciation (house value, rent) and tax reduction. 1. For Not...
is it a good or a bad idea, to decorate a house flip. Say I can get all the furniture and lights and decor for free. Will that make any profit or decrease value. Ignore my idea of its bad but I make minimum wage and c...