Timothy Solomon
REPS status for wife (to avoid taxes associated with sale of biz)
I am about to sell my business and make a substantial amount of income from it. Does anyone have any experience with getting REPS status and immediately investing the money in real estate from the sale proceeds to avo...
Ashish Acharya
2020 Tax Saving Strategies for Individuals
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...
Landon Clipp
SFH requires $30,000 in repairs to septic and well system
Hey folks. Me and my business partner have a SFH with tenants currently occupying it for over a year at this point. We bought the house early last year. The house has a septic drywell and fresh water well, no city con...
Jeff Lane
First Time Confusion
My Names Jeff, I'm 27 years old and I'm finding it difficult on where to start. I know that I want to start investing into rental properties. I lost my job back in April of 2020 so I am left with bad credit and little...
Ryan Canfield
Offering On A Short Sale
Hello,My wife and I closed on a 3 flat in March that we are house hacking. We're continuing to save money and are going to look into conventional mortgage options again in the fall.If we are planning to buy another p...
Trevor Anderson
Value-Add Apartment Acquisition Strategy
Hi BP community,My team and I have found a fantastic MFU property in a major Florida metro area, but we're unsure as to the best way to structure our acquisition.The asking price is around $2.5 million, but the proper...
Trey Whitlock
New to all things investing
My name is Trey Whitlock and I live northeast of the Dallas metroplex in a small rural community. I've done everything wrong, as far as investing is concerned, for 49 years. I've had 401K's that I've cashed out becau...
Thomas Weidner
Have you been a part of the great real estate migration?
Have you seen or live in a area where people are flocking in from elsewhere in the United States?I live in Texas and been seeing people coming in and buying up real estate by the droves. We recently put our home on th...
Omar Hassan
Very New investor with very little tax knowledge
Hi everyone, i wanted to put my ignorance out there and see if I can learn some valuable information from you all. I'm looking to form a simple tax strategy based on a very small portfolio, I want to do it right while...
Orlando Goodon
$600k house sold @$175k in 2011, then $70k in 2016 now $500k??
I have see some CRAZY price histories in Zillow. I know you can't trust Zillow, but I suspect this is some sort of red flag? How can a house drop from $178k in 2011 to $69k in 2016, then in 2020 jump to $500? Is this ...