Kenneth Jones
General Contractors Needed
Good Morning Everyone, We are a new real estate investment company in the Memphis, Tn. area and are already very active in the purchasing of homes for rehab and resale. Other than our local REIA meetings where we ...
Jeffrey J.
Churches exempt from property tax?
Hello. So friends of the family are in the ministry and are in the process of buying a commercial business and using it as a church. I've done some research and have discovered that churches are exempt from paying p...
Mark Creason
North Texas Office Building
I am working on a value add office building deal in North Texas. Property is in a small city about an hour outside of DFW. Property is currently at about 30% occupied with an asking price of 2.5 million. Asking is ...
Caroline Liu
Tax Question - How do I report listed ppy depreciation on 8825?
Hi, I am trying to fill out forms 4562, 8825, and 1065 for a partnership. Form 4562 is all done and contains depreciation from our rental properties and one listed property. The deprecation from this form is supposed ...
Catherine Javier
Garage Conversion option
Hello BP family! Newbie here and looking for some insights..
we are actively looking for the properties to househack then BRRR, we plan to rent as midterm. I have this 2 properties in Orlando we looking at. Both w...
Jake Bryant
Beginner Flipper from Austin
I know the market got hot for flipping properties, but still I would like to ask these questions so I can understand how and what everyone is doing.Questions for active rehabbers.1. Are you currently active on flippin...
Garrett Reynolds
HOUSE-SITTER (SECURITY)
I am remodeling a house in Atlanta (Cascade Avenue) and I am concerned that the neighbors will strip the house (again), as soon as I finish. Occasionally, I have found "house-sitters," living in otherwise vacant hous...
Rob Titus
Anyone looking for a motivated mentee?
Separating from the military after 13 years. A long time dreamer of flipping houses, and want to make that dream come true. Would love to find someone for some guidance along the way!
Eric Mohr
PARTNERSHIP COMMERCIAL BUILDING INVESTMENT W/ 1 PARTNER LEASING.
I will be partnering with 2 others investing in a commercial building with 4 leasable spaces. This is primarily a passive investment but want to cover all my bases. One of the partners will be leasing a space for a re...
Marc Lock
Claiming RE Professional Status as a W-2 Employee
I know this is a difficult claim and has been posted before but I haven't seen any posts with the following specifics:
Taxpayer (aka TP) is a W-2 employee for real estate company that develops and owns/operates mostl...