Account Closed
Questioning Contractors Work.
I manage a two story 10 unit apartment complex in Los Angeles. We recently had an incident which involved a drunk driver crashing into our concrete stairs.I contacted a contractor and he offered to repair them for $13...
Daniel Dietz
What Loans Count Towards 'The Ten Loan Limit' we hear about?
Hello, I have read mixed answers to this both here and from other investors, and am hoping some of the more savy lenders or other knowledgable folks can give a more definitive answer. It seems clear that if you are ju...
Alex Kuntsevych
Investment in Columbus OH
Hi, i'm newbie on BP.
I want to invest in Columbus OH area.
SFH in around 70k cash, not listing price. for buy and hold. My goal to buy 20%below market( is it possible?how hot the market is?)
I need help in area s...
Megan Bridgette
California Newbie
Hi everyone,I am just starting out in multi family investing. What I am finding is, there are a lot of houses out there but not ones that will make me the CAP I want. Does anyone know anything about efficiency unit...
Javier Campanini
Looking for CPA Recommendation in Jacksonville
Does anyone have a good recommendation for a CPA/tax-preparer? I'm working with a partner, and we're up to 5 houses. I'd like to get some professional input on how we've been doing things, see if there's mistakes to f...
Bryan Miller
12 Unit - 50% rule
Hello BP,
I'm an experienced investor in SFH/condos and I'm considering purchasing my first 12 unit in New Mexico. I have it under contract for 183K. It is actually (3) 4 plexes on 1 lot. It is in a mixed area, s...
Jacob Wiltshire
S Corp Salaries? Do you have to?
Hello, I recently purchased a mixed use property for $390K. Gross income of about $76,800 right now.Income: $76,800Taxes: $9,344.68 (from which one tenant pays back $2251)Insurance: $5,108.00 (from which one tenant pa...
Pradhap Nirmal Natarajan
Opportunity Zone Investment Tax Deferral
Hi All, I have a question on the capital gain deferral. I made some capital gains in December 2019 and I was wondering if I can invest these gains in an opportunity fund (Fundrise opportunity fund) in January 2020 an...
Paul Kang
Depreciation taxon rental property
Hello I have a tax question on a rental property. I’ve been hearing and reading mixed answers so I wanted to post it here. Here is my situation.I have a rental property in california. It’s only been 2nd year since i b...
Bill Johnson
Revocable Trust for LLC
Hello,I am in the process of setting up a real estate holding LLC and I wanted to place the holding company (and obviously all of the subsidiary LLCs) into a Revocable Trust to avoid Probate Court in case my untimely...