Good evening,So I have an off market property I may be able to purchase. The issue I am finding is it's unique location. It is in a tiny little town similar to a downtown district where you have alot of businesses ...
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
What are the tax implications of investing in an equity syndication deal as a limited partner?I’m considering investing in commercial multi-family equity syndication deals through a crowdfunding platform. I’ve reviewe...
If you purchased a 1,300 sq. foot SFR that needed cosmetic repairs, how much $$$ below FMV would you pay? Also, if you really needed to flip a property, would you ever pay FMV? Thanks!
We are so excited by a potential opportunity we were just presented with but we are also new to this area need your advice and thoughts on things to watch out for!We have a great relationship with the builder of our o...
Hello! I have a question about the BRRRR method that I cannot find an answer to. My question is this: Once you do a cash out refinance and get your check from the bank, doesn’t that money have interest?- As an example...
So I have come across a "deal" in which seller financing is an option. However, I am not sure about the numbers, and would like to post it to the BP community for some guidance. The seller is straight forward, and w...
I have located a Forclosure I want to flip. The listing started at $159k, now its down to $124. I ARV is $140K to $160K. I have done a walk through and cosmetic repairs are running about $4 to $5k range. The only ...
I put my first investment property in Baltimore, MD recently. I am about to start the rehab and plan to rent it as a Section 8 property once I'm finished. I am deciding now what level of renovation will give me the ...