Hey there BP Nation! So I've been doing my research, taking in as much as I can and I hear of the many tax right offs and benefits to real estate investing, but there isn't much detail. Now understand I just turned tw...
I am a 19 year old who lives in Columbus, Ohio. I have my own landscaping company and have accumulated some money that I want to invest somewhere and make it grow. I would like to buy a multi-family property with an F...
Hi I'm new to this forum and to real estate investing. I wanted to get advice on my investment strategy and see if anyone has any thoughts on this. To give some background, I currently have a very lucrative job, my ...
Hello BP - Im W-2 wage earner and a passive RE investor (20 units) and wanted to see if anyone out there was willing to share their story regarding the real estate professional status. Ideally Im looking to make my wi...
I have decided to use Xero trial for my bookkeeping, where do I go to get some chart of account codes? I am wanting to know if there are specific codes I should be using for things like travel expenses, rehab, mainten...
Hi BP,Started picking up rentals late last year and have 1 Condo that is currently rented. I will be picking up another 12 rentals this month and likely a few more by years end. My condo currently is under Company ...
I have been wondering if there is away to get the funds to purchase real estate by using other peoples money.
Hi everyone! This is my first post here :) thank you in advance for your patience! First a little background: My husband (who is a full time firefighter) and myself live in St. Petersburg, Fl. I have three small kids ...
Let's say I sell a property that I have owned for 10 years and then use the 1031 Exchange method and buy another property of the same type. Does this method wipe away all depreciation recapture taxes for the property ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,050,000
Cash invested: $275,000
23 unit apartment complex with six additional units and a laundry room tha...