Aradhana Verma
Question on Trust and Estate taxes on investment properties
Hi, We are a married couple and own a primary residence in Bay Area, CA and another investment property in Redmond, WA. We recently setup a trust in California. My attorney mentioned that the state of Washington has v...
Michael Hoover
My first 18 loans on 5-year balloon. Is this bad and how should I pivot?
I have been working full-time RE, BRRRR method on single-family homes in my local area for the past 4 years. 22 homes completed- (2 sold) 20 long term rented. My interest for this Post is my lending method thus fa...
Jeremy Janszen
Coronavirus/COVID-19 causing non-payment/eviction
How are landlords managing the impact of Coronavirus on a tenant's ability to pay rent? Due to quarantines, social distancing, etc., a lot of businesses, employees, and business owners are likely to have dramatically...
Andrzej Lipski
Rent control in Connecticut is coming for your property.
....unless you do something about it.
The Connecticut Housing Committee last week just pushed through dozens of "concepts" not even bill proposals. Just concepts which are proposed bills that only had vague titles. ...
Account Closed
Calling all w2 professionals! What if you could pay ZERO in tax for 2024?
If you have ever used an AirBnB and are interested in investing in real estate, this post is for you! For individuals navigating the demands of a w2 job and grappling with substantial tax obligations, exploring the po...
Nina Penuela
What do you think makes a good property manager?
Hello BP!
I'm interested in hearing your thoughts on what qualities and skills make a property manager truly stand out. Whether you're an experienced investor or just starting, having a reliable and efficient propert...
Adam Q Berry-Huff
Thinking of Selling in Bellingham, Looking for Advice
A Little BackgroundI bought my first home in Bellingham about 4 years ago for $295k. The current Redfin estimate is at $419k and I owe $266k. So I essentially have about $150k in equity. It is being rented and it is c...
Sukhi Singh
Short Term Rentals / AirBnb - How many houses is too many?
I have an investor that wants me to partner with them to buy 100's of houses in AirBnb Friendly markets. I am concerned that scaling to this level will cause the system to break. Does anyone have experience buying 10...
Winniferd B.
Wholesale Land?
I had someone contact me about selling his land. It's 1 Acre and it has an old abandoned Mobile home on it. It's been abandoned about 8 months. The land cam be used for commerical or residential. He inherited the l...
Kyle Jenkins
Seeking advice on basic tax strategy
I currently have a condo in connecticut that i will be renting out in august. I am moving to a single family in texas. I am looking for advice on taxes from the basics. With this property going up for rent what are ta...