Hello Everyone. I have been blessed over this last year in my rehab business now I need some tax advise from others on BP so that we don't bless the tax man so much :) I have been rehabbing homes since last summe...
Hi everyone, I've been trying to puzzle through the tax situation for passive investors and thought I'd ask you all for help.
It seems like the main incentives are depreciation and capital gains. An LP using depreci...
I just read an article that vacancy rates for apartments have doubled over last year to almost 9% in my city, Sioux Falls, SD. We had $72M worth of new apartments built in 2015 in a city under 200,000 people! I am not...
I was wondering if anyone on here had heard about this controversial new bill that is going to be voted on for St. Louis County? The first couple of paragraphs of this article cover the broad strokes before offering m...
Bloomberg Business just published this piece on Airbnb and their Crisis Management Department."Airbnb Is Spending Millions of Dollars to Make Nightmares Go Away"It's long, but worth the read if you're a STR host - htt...
Upon joining up with Bigger Pockets, I logged on to see an advertisement that said "cold calling is dead" that was advertising a book. While it looks attractive, the data simply doesn't support this proposal. In a...
I found this notice in this week's newspaper:
It goes on to explain various parts of the new plan, but then at the end it has this:
Note the part I underlined in red. Current rent for a 3B...
One of my lender friends sent me an article today discussing Fannie Mae's and Freddie Mac's conservator, FHFA, is going to be cutting back drastically on loans that are secured by second homes and investment propertie...
Want to get into fixing and flipping houses in my market. Any tips or articles that I could read that would help educate myself.
My wife and I sold our first home over a year ago. It was a 5 year rennovation that eventually eliminated every debt we had. I actually wrote an article about this journey titled. "My first flip paid off my student lo...