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I close on a duplex soon and want to market to renters. It has four potential rooms for bedrooms, but two of them have closets but are in the basement and don't have windows. I heard you can't advertise as a bedr...
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Hello BP Community!
I've been saving for a house hack over the past two years and recently came across a great property in the Denver metro area that I’d love to pursue. Not only does it have excellent potential as...
I've finished my first solo live-in flip (Mindy Jensen style) and have the option to take on a much larger project, my parent's partially renovated home. They got the garage and bonus room above it down to the studs b...
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Hello, my business partner and I are looking to acquire a daycare business and the real estate. She had the knowledge on how to run the business, but her credit would not qualify for the loan and the bank is saying th...
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Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
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Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
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Hear me out.I’m looking for a warehouse with high ceilings and 1-2 separate office rooms in the Gainesville, FL area. The Warehouse section would be used for an aerial dance studio. Ceilings need to be at least 20 ft ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $225,000
Cash invested: $94,271
Sale price: $420,000
Renovated and updated 3 bedroom,1 bathroom single family h...
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I have an account with checks with account & routing numbers. My financial institution doesn't allow for online bill pay.
Is there an online service where I can provide checking account information that would al...
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I am self-employed and show very little income on my tax returns. But my credit is great and I have sufficient savings. To qualify for loans should I look at deducting less expenses to show more income going forward?A...