Nick Naik
New S Corp tax filing state(Georgia) and federal requirements
Gurus,
Need some advice on year end tax filing for S Corp based out of Georgia. I have a new LLC structured as S Corp and need to file my year end taxes. Couple of questions1. Is Turbotax Business a recommended tool ...
Rhett Wilgers
Is the residential assisted living market already saturated?
Residential assisted living facilities seems to be a hot topic the last three years especially. I am a real estate investor and I am in the medical field so owning and operating a RAL is intriguing to me. For those o...
Charlotte Edwards
what are some red flags for bad deals?
I just found a house that's in our ideal neighborhood (we'd use as a rental now and later move in when we move to the area because the schools). It's a for sale by owner and the price is 50k but it says that they've d...
Gordon Lambertus
Subtle things to look for on a property walkthrough
I know how to spot some of the more obvious, glaring problems when walking through a potential investment property, but what are some of the more subtle things to keep an eye out for? Things that if not taken care of...
Chris Martin
Wakeup call - ghost forests
This is more an FYI, since my guess is that most on BP don't have NC or VA silviculture land holdings. If you do have or invest in tree stands on the coast, then hopefully the ecological phenomenon described by this r...
Joel Bonilla
Low VA appraisal and seller assist Philadelphia, PA
Hi,I have a triplex under contract with a purchase price of $212.5K and $8500 seller closing cost assistance (he struck the percentage and wrote in that number instead). All repairs have been agreed on (not appraisal ...
Edward Stephens
Combining Two 1/2 Duplexes for FHA Loan
Hi BP Family, I just got back from viewing a duplex and really want to make an offer on it. Half of the duplex is owned by a brother and the other half by his sister. The two half-duplexes are adjoined (share a roo...
Jonathan Peters
first time home buyers 5% rule, Winnipeg, Canada.
If i would like to make an investment using the first time home buyers program in Canada to obtain a 5% down payment. Is anyone aware of how long would I have to live in the property as a primary residence. my plan is...
Charles Sterling
Private Lending proof of funds
I'm lending money from my SDIRA for someone to buy a Fannie Mae foreclosure property.I attempted to give them a screenshot of my SIDRA account with a letter stating that I am loaning the funds for the full purchase pr...
Brian Gibbons
What can go wrong with selling on lease option?
I have done lease w option agreements for 30 yearsWhen I'm interested in are peoples' opinions on what is a "legal lease with option" and what a court of law or a judge would say to some of these creative techniques t...