Anjali L.
LLC for rentals, pros and cons?
I have a couple of houses in New Jersey that I’m thinking of putting into an LLC individually. Any pros and cons moving from primary residence to LLC? New to this and would’ve appreciate any suggestions.
Tom Horan
Capital Gains and Seller Financing - Advice Needed
Hey BP -I’m looking for some capital gains tax advice as I try to convince a seller to owner finance a multi unit property. From a tax benefit standpoint for the seller, is it more beneficial for him to sell at a lowe...
Sarah Rivero
Potential Dog Trainer Tenant
Hi all,I have a potential tenant interested in my rental who is a dog trainer. She has 3 dogs personally, and her dog training business consists of training one dog at a time in the home. It sounds like her personal d...
Peter Paxos
Schedule E: Real or Bogus
Hi everyone:
How can you know if a Schedule E being presented is accurate and not bogus?
Thanks.
Peter.
Andrew Bonar
HELP ANALYZE: Manufactured Homes Deal
Hey BP,
I'm becoming familiar with manufactured homes and have come across a deal that grabs my attention. This would be an investment. I have not invested in these home types before so I would love some feedback on ...
Joseph Scorese
How to Flip a House Using Project Managers
How to Flip a House Using Project ManagersThe Pros and Cons of Hiring a GC to Do Your House FlipsIn an ideal world, hiring a general contractor (or “GC”) to do all your rehab work is the best possible way to go when y...
N/A N/A
50% of GR
When doing a cash flow analysis of a proposed rental property, does everyone use 50% of gross rents as the properties operating expenses. Though it makes practical sense, it sure cuts down on the amount of rentals th...
Josh Chappell
Finding contractors and getting bids
My brother just bought his first rental and we had a few questions regarding contractors, getting bids, and the best practices for a big rehab. (Big for us equals = full kitchen rehab, full bathroom rehab and laundry ...
Bryan Brown
1st property, family transfer
Hi, this is my first post and I am in the process of owning my first property! I am being given a family property that is a single-family home with no debt on the home. I live out of state and will be using this as a...
Manish Shah
Using HELOC on primary residency for investing
I read many places about investors using HELOC on primary residency to buy investment property. Here is my question. The interest on investment loan is a valid expense that you can take out from your income for tax pu...