It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
While doing search for investment property, I guess I went too far and decided to convert my own (current) home into rental and bought an old property which needs to be torn down and built from scratch. It may not be ...
So a past seller of a home came to me with another great deal. But its a little complicated i guess you would say. My attorney said makes him nervous. So the seller came to me with a deal he was inherited by his fathe...
I understand a lot of investors are also realtors, but as an out of state investor I don't have that option. It seems that good realtors often specialize in finding cheap properties, wholesaling, etc. But does that ...
I'll be closing on my first rental property in January. Therefore, it won't be until next year that this will impact my taxes. I was curious to how people claim their rental income, and how it's taxed. Is it taxed ...
Hello everyone my name is Anthony, I currently reside in Summerville SC and am in the Navy. I have been trying to get my foot in the door in real estate investing for some time now but as everyone knows, a busy wor...
Question: How do you deal with a contractor who balks at doing repairs that an inspector says are "safety issues" and is weeks behind in the rehab? It would be real easy to be hard nosed, but he is also working on ano...
Alight so hear is the situation. Found a property on the MLS listed at 60k. Says it's owned by a landlord and wants to get rid of it and has a current tenant in it who pays $900 per month and the utilities. Doing a li...
Hello BP Team,I'm in the process of selling my 1st flip via my LLC. I do maintain records and receipts of all of my investment activity for this flip via excel. Trying to understand the Accounting/Book Keeping work ne...
I have a house that I've been renting for the past few years and I plan to sell it to buy something closer to where I live now. I used to live in it so when I started renting it, I did a quit claim deed from my name t...