Hi everyone, This is my first post and I'm new to real estate investing. Having read several books I've been crunching the numbers on what has become our first real estate investment. Adding an ADU to our SFR and th...

Taking advantage of super low primary residential mortgage rates.Will refinance my primary house and plan to cash out enough to pay off an investment property's mortgage balance.Will deposit the cash out check and pay...

Hello,

I bought a building for $200,000, and was wondering if add the purchase cost to the building before OR after the allocated building % is applied.

VERSION #1
Purchase Price: $200,000
Purchase Costs: 5,...

Hello: I am selling my owner occupied two family home and buying a single family home. Similar value and mortgage on the properties. I am planning on converting part of my new primary home into an accessory apartment ...

Hi BP Fam,
I am curious to see what everyone considers fair for allocating ownership in an equity partnership, specifically for self storage. To keep it simple, I am wondering what percent to allocate for (1) finding...

Have you ever found yourself having to pay into the IRS for income taxes on your real estate properties? Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you coul...

Quick general question- If my LLC (s-corp) had profits last year from real estate sales, but I did not collect on any of those profits (ie what was earned stayed within the company account) do the LLC members still pa...

I have a cash buyer for a 1972 mobil home that has not been converted to real property on a 0.4 acre piece of property. I am selling only the land and the mobil home will be included with the sale. What sales contract...

Hello,If I have a duplex with a parternership as both tenant in commom amd we both decide to do a 1031 where I buy my own sfh and he buys his own sfh which breaks or parternership. Can we still do a 1031 and each part...

I just closed on a 2-flat that I'll be living in and renting out the second unit. I'm tracking all of my receipts currently and trying to categorize them as well as I can. I've read IRS pub 527 a few times and I'm won...