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I moved to Washington recently and would like to get in to real estate investing. I'm currently practicing as a criminal defense attorney but would like to move into real estate in my legal work as well.
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Hello Everyone!I will reintroduce myself as I have been away from BP for almost 2 years now.My name is Jason and I will be graduating from Morgan State University in May of next year with my degree in Finance, which i...
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Hello, I need some help understanding the new tax laws. My client wants to sell his 5+ unit for $600K and buy a house w studio for his art business with proceeds. Right now he'd have to pay $120K in capital gains (20%...
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Hello All!
I’m a new investor, having done just two flips so far.
I’m running into a problem where I’m running out of cash to actually acquire the houses I’m finding. I have a hard money company I can go to, but I l...
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How are property owners in Mass dealing with nonpaying tenants?I have a “tenant” who is in my unit even though the lease expired last month. I gave close to a 60 day notice of non-renewal for the lease. They claim the...
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I’ve recently came across several properties with approvals to build a 10-40 units. I was just curious what are some of the options on how people fund these projects.It just seems as a hard money loan wouldn’t be the ...
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Just closed on my first property (duplex) and I need help!Long story short: The tenant does not have a signed lease (Owners may have forged, and I did not do proper due diligence) and I need to have her out. We've agr...
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I'm currently immersed in "The Multifamily Millionaire" Vol II by Brian Murray and Brendan Turner. On Page 235, a calculation for Cash-on-Cash (COC) return for Limited Partners (LP) caught my attention. I'm seeking as...
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Hi BP, close to two years ago I quit my full time job and started flipping houses full time. I have not yet encountered a tax year where I've had to work through and claim income for flipping, but that is coming up in...
Hello,New to the forum, feeling very much like a newb in this whole real estate tax world. Hoping someone can help clarify some information I've gleaned from my accountant. Thanks in advance for any and all help to pi...