Jason Howell
Real Estate license: Helpful for investing out of state?
Two years ago I started this journey of educating myself to prepare for out of state real estate investing (I'm near my 4th closed property via Turnkey in Indianapolis...within weeks of that).Now I'm formulating my pl...
Charles Stewart II
Can I make $3,000 per month as a Loan Originator?
Can I make $3,000 per month as a Loan Originator on a commission basis? How soon can I begin to make $3,000 per month on a regular basis?I am not looking for a get rich quick plan. I am looking to earn an income wit...
Jen Hoang
How do you prorate a tenant’s tent for partial month?
My tenant moved in on aug 5th. I charged him full month’s rent and prorated September. I mistakenly charged him $2730.34 for the 27 days in August. In my mind I calculate:($3000x12)/366= $98.36/day. ( he pointed out n...
Mike Roterdam
Any Tax Advantages To Closing On The Last Day Of The Year?
To All,my wife and I and partners (daughter and son-in-law) purchased a condominium investment property on December 31, 2015.Some questions:(1) Are there any real tax advantages to closing on the last day of the year?...
Michael Cai
Need recommendation finding quality contractors for rehab
I just bought a property that needs a lot of work.. including: rear deck needs to be torn down and new one put in, section of band and sill at foundation needs replacement, all new siding needed for whole house, all f...
Tyler Divine
*Tax Pro Question* One year clock on new home build?
Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...
Ivan Barratt
Cash Flow Now or More Upside Later?
What's up everyone! Happy Columbus Day!Taking a poll to get a current read on the investor marketplace for Multifamily investing via a syndication model. :)Would you rather have steady cash flow now (with downside ris...
Francisco Picasso
How do I buy, fix, and hold a house leaving the least amount of my money in the house?
Hi All,I am thinking on buying, fixing, and holding a property. What is your advise to get the least amount of money in the house after using HM/PM to buy and fix, and then refinancing? What are your thoughts about th...
Greg San Martin
14-30 Day Actively Managed STR Possible for W2 Earner?
I own a triplex and currently occupy one of the units (I may move out). I have a sophisticated W2 from a full time job (not at home). I would like to offer actively managed STRs for a year or two until the end of bo...
James Park
To 1031 Exchange or Not to 1031 Exchange Tax Question
I wanted open this questions to @Brandon Hall or other BP investors who have experience with 1031 exchange.Suppose that i have a property in Chicago that i purchased for $400,000. Over the years, I have taken a deprec...