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Results (10000)
Mike Romano Is There a Way Around the 90-Day Flipping Rule?
24 October 2023 | 8 replies

Hello,I was wondering if there is any workaround for the 90-day flipping rule. The challenge I face is that all my property flips are completed in under 6 weeks. Consequently, every time I list a property on the marke...

Ginger Carr 1031 and Cost Segregation
11 December 2021 | 6 replies

How does a 1031 exchange affect cost segregation? My parents purchased 3 newly built homes using a 1031 exchange this year. They plan on transferring these three properties to me as a gift before the end of 2021. I wa...

Nils-Erik Frantzell Time preparing soon-to-be rental property counts as personal use?
29 March 2017 | 4 replies

I purchased a new home for use as a new primary residence in January 2016. I moved out of the old primary residence on the 13th and converted it to a rental property by signing tenants 8 days later. I spent these 8 da...

Jill Jays No answer on renewal notice
4 April 2022 | 5 replies

Hi all - first time landlord of two flat. Assumed rental lease to expire 5/31/22. They asked via text several weeks ago to extend to 8/31/22 and I said I would do 7/31/22 to allow for time to renovate and flip before ...

Jerry Budzinski 1031 exchange
15 October 2016 | 2 replies

does anyone know if you can use a 1031 exchange with property that was inherited from an estate. What can we do, to lessen th amount of stepped up taxes on the sale of the property that was in the estate.

Michael G. How many offers do you write a week?
7 December 2011 | 5 replies

I've heard that in order to buy houses at a deep discount you have to write LOTS of offers.

I'm curious how many offers wholesalers are writing on a weekly basis? 10, 30, 50 a week?

Are they REO's or just plain vani...

Bobby Vernazza Direct Mail to Notice of Default Recipients
29 August 2017 | 3 replies

Hello Fellow BP'ers!I am in the process of acquiring more properties to fix and flip/buy and hold, however I have not been getting too many leads.  I have been doing the driving for dollars method, sending out letters...

Duane A. Snow Property management fees question - PLEASE
5 February 2024 | 10 replies

Good Day,I was asked to help a couple out with their property on a part time basis. Watching over the property while they are out of town they guess 2 months a year at different times. The property is 7 student units ...

Pearce G. Cost basis on subdividing
28 July 2016 | 4 replies

I have a commercial zone property under contract that includes a building that I intend to hold for rental income and some additional vacant land that I intend to subdivide from the building and then flip.For tax purp...

Samuel Lacroix Do you grant first come priority for applicants?
28 February 2017 | 30 replies

I have a unit for rent and two days ago I showed It to a young man who will probably meet my minimal standards (screening process is in process). I also got a visit yesterday, an older man who is looking for an apartm...