Timothy Wright
Can this be done? Is this even Legal?
Hi BP, I recently got an idea, but I'm starting to doubt that it is feasible, and it may not even be legal for all I know. I know BP has people of all backgrounds so I expect someone might be able to answer my questi...
Art P.
Mortgage Interest deduction tax treatment on mixed use assets
Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...
Ken DiPietro
Housing Bubble II - One possible future.
To all,
I present this information in hopes that many of you who are more seasoned in this field will be able to shed some additional light or perhaps some balance to this author's opinion.
Over the last several mon...
John Campbell
LLC vs Umbrella Insurance vs Other Options
New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...
Richard H.
1031 Exchange to Rental then Convert to Primary
Hi I have searched for a bit and can't find an answer to my specific situation.I am selling a rental property and would like to 1031 exchange the proceeds into a new rental property. If I do this and later decide to m...
Jonathan Soto
Over $1,000,000 in equity and no idea how to use it!!!
As the post states. I'm looking at ways to put my equity to work and invest in real estate. If you had the same equity, what would be your plan of action? Would a fix and flip be the best way to go or is it better to ...
Gino Barbaro
What Upgrades Have You Done To Your Property To Increase Value?
Hi Everyone,I just wanted to start an important discussion on how to increase the value of a multifamily property. It's all about raising the NOI, and I would like to get some ideas on how to create value.Any idea wo...
David J.
When is it ok to buy a depreciating asset?
HI,I have been a real estate investor for many years now. I have been very disciplined with my investing strategies, making sure to budget, and invest as much as I can. I now have about ~ $4M RE portfolio, ~$240K in s...
Sam Washburn
A Realistic Goal? 10k/month in 10 years
Hi I'm a total newbie. All I know right now is that I want to build passive income through rental properties.
So, I'm just going to throw this out there as a starting point to help me set some expectations....
James Cerasoli
Is my property manager taking advantage of me?
Hey all,I purchased my first rental property May of last year that is a 3-unit student rental. I found a property manager through the attorney I worked with in the area who claimed he uses him on his own properties an...