Kyle Scholnick
Pay Yourself Rent? The Battle of Schedule C vs E
Are there any rules and regulations from IRS on paying yourself rent if you own an office building and your unrelated business uses that location? By doing that, it would put passive income on schedule E as opposed to...
Kevin Martin
First New Construction Solar Home Built and.....Sold!
What a ride the past few months have been! It took us exactly 87 days from wet concrete to C.O. I quit my nice cushy engineering job a few months ago and decided to start building new solar homes. It wasn't an easy de...
Esther Kamga
Land buying & Build
Hi - I’m interested in purchasing land and then build and use for rental. What are the pros and con? How do I approach it in a financially smart way?
I’m currently in a new home myself but I’m delinquent with my mor...
Frank Robinson
Converting condo to multifamily
Does anyone have experience converting a multi condo unit house to simply a multi family property? If so, what is the process like a condo association from multi tax lots to a single tax lot. Looking at a 5 unit condo...
Krisleigh Hoermann
Second look at numbers for one of my first deals
Hi everyone! Analyzing one of my first deals and would love a second set of eyes. I'm a bit and hold, value add investor. What are your thoughts?It's a building on the main street in a suburb with a ton of foot and ca...
Daniel Johnson
Reverse condo conversion?
I have a property under contract, which is 4 condos, all in the same building, as separately deeded units. This building is the only set of condos that was developed in the late 80s. Later on, the developer took the r...
Julio Gonzalez
Energy Savings Credit for Your Property!
The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes. The units must be more energy efficient than...
Julio Gonzalez
Real Estate Tax Deductions Part III
In the third and final segment of Real Estate Tax Deductions, I want to discuss At-Risk Rules, Basis Issues and Excess Business Losses.
At-Risk Rules
An At-Risk rule is a tax shelter that limits the allowable deduc...
Dr. sharon Gold
Free standing Commercial building
Hello all BP's,Being a silent listener for almost a year, I found myself reading and enjoying discussions and blogs alike,. However, struggling with a property-finding challenge for a while, I thought of trying to th...
Joe Austin
Potential 5 year Seller finance deal
2 Family Building RentMortgageOther ExpNet Profit 1st Floor - Taxes 1,124 2nd Floor - Insurance 292 3rd Floor 1,500 Heat - 4th Floor 1,550 Water&Sewer 150 5th Floor 2,800 Electric 100 S...