Jodey Rifenburg
What can I do with profit to “hide” it from immediate taxes
I have had profitable years in the past and have paid a significant amount in taxes. This year will be more profitable than before and I’m working to gain the knowledge to help me not continue to just stay on this pat...
Nathan Gesner
This is why you should inspect regularly!
Just because a tenant pays on time doesn't mean they are "good" renters. This tenant always paid early, communicated well, never had a single lease violation.Our office policy is to inspect at least once a year. One o...
Tom Henderson
Difference between ROI and CAP Rate?
Hello Team,I am working on updating my Annual Property Operating Data worksheet (from "Cashflow and 37 other equations you should know"). I have a CAP rate metric on there, I don't have ROI. What is the difference bet...
Mirzet Mehovic
commercial commision rates?
Hi, I'm going to be renting my first commercial property soon. A broker told me its 7% commission in perpetuity. Never rented before so sorry for my lack of knowledge. I have heard that for residential that the commis...
Abraham Shamosh
Mid term rentals to nurser etc
Hi All,
I own residential rentals in Miami with long term tenants, but was recently looking into mid term rentals to rent to traveling, nurses, etc.
can anyone please share there experience regarding occupancy rate...
David Cherkowsky
Increasing Loan Amount When Refinancing
I purchased a rental property in June with 20% down and financed with a conventional loan at 8.125%. Obviously, with rates dropping I am looking to refinance to reduce that rate. I have a loan estimate from a lender t...
Matthew Wright
Updating multifamily buildings
I understand that value is driven by income when dealing with multifamily (5 units plus), but at what point do upgrades/renovations increase value? For instance if I have an 8unit that has old painted cedar shakes and...
Jeremy Zindel
Deduct charitable contributions on a Schedule E (or C)?
First off, I know this is a very specific question to my circumstances and I already have an appointment with a CPA to ask this and many other questions but I wanted to get a feel from anyone in the BP community who m...
Tony Marcelle
What good would that extra money do?
I am beginning to lower my personal expenses. So far, I have only gotten started by cutting a $97/month expense. I would like to cut more expenses. Would good could an extra $97/month do for my real estate business? A...
Farhad Shir
Seeking accountant help for foreign income tax US real estate
Hi, I am Canadian investor in US real estate in Indiana State. My goal is to flip property under individual name. I am seeking advise of accountant familiar with foreign income tax in US real estate and have followin...