Need help from the accountants out there, there are a lot of posts on this topic but none I could find that address this question and my CPA wasn't much help (may need a new CPA)...I just moved my buy-and-hold rental ...
I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...
Hey Guys,I will be finishing up my second rehab property in a few weeks. I have a few solid options as to what I can do with the property, but I am curious to see which way you guys would go. Breakdown:Purchase Price-...
I'm on Airbnb #5, have interviewed over 20 lenders, and am fighting to get a REFINANCE (80% LTV rate and term, no cash out) loan for one of my properties (which has a balloon in June). I've never had a problem getting...
What is the best app to use for tracking finances/important documents on rehabs, rentals and tenants?
Hi, I am a healthcare professional with currently renting office space. My rent is $1000/month. My revenue for last year was $1M. I have land that I purchased last year and would like to build a 6000 sq ft building fo...
Hello BP, A few weeks ago I started on my journey to investing in Real Estate properties. I think I might have found my first deal!!I bought a foreclosure list and it is listed as a pre-forclosure. The property is clo...
I'm looking for guidance on potentially using funds from a SIMPLE IRA to convert to a ROBS 401k in order to access for a fix and flip opportunity, and whether this is a viable approach along with pros and cons.Thanks!
Greetings,I have a few questions regarding short term rentals in the Tampa Bay area. Upon doing some research, I've realized that there is a ton of conflicting information out there and I'm looking for some clarificat...
I could REALLY use some advice here for your input on our resort. To start with - here are the "facts"We had our resort appraised 12 years ago and it came in at $650,000. We also have a stand alone condo appraise at $...