I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1. This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...
My tenant messaged me this morning stating she locked herself out of her bedroom. I previously lived in this property and never locked myself out of my room so I never looked nor do I even know if I have a key for the...
Hi,I am generally somewhat familiar with the foreclosure timetable from pre-foreclosure to post-foreclosure (REO). Thanks to the great article from Brandon @Brandon Turner (https://www.biggerpockets.com/renewsblog/...
I'm pretty sure I filled this out correctly. I included points and private money fees, then for refinance I estimated my closing costs based on the loan amount. View report
*This link comes directly from our calculat...
Hey all, I have started off by investing in single family and work professionally on large multifamily and high-rise buildings professionally as an HVAC mechanic. As a way to get into multi family I am working on part...
We have an LLC that owns 2 lots (no loans), we have approved plans and plan to starting building 2 adjacent homes this summer in the Oakland Hills, off Hwy 13. Great location, close to Montclair village, schools, free...
Hey BP! Need some advice on best way to break contract with PM and what to expect.Final Straw:Retained PM about 6 months ago for some rentals. Things have gotten progressively worse with the final straw being that he/...
Good evening BP Community,My partner & I recently signed a purchase agreement and made our first payment towards a portfolio of 3 properties, all at the same corner in one of the top designated Opportunity Zones i...
I'm looking at potential duplex house hack deals and they make sense from a buy perspective as they will be cheaper than renting and really decrease expenses when a tenant is in place. My issue is trying to evaluate i...
So I have a listing on an auto garage listed at $275000. It has great cash flow potential but I am unsure on how to market it. I'd like to break down all expenses and costs to present to an investor, but have no idea ...