Matt Lord
Taxes and depreciation question
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
Ajay Malhotra
Private syndication/portolio investment - thoughts on the deal?
I have an opportunity to invest in a portfolio project in a midwest city by a guy who has a good track record in RE: hes a lawyer who flips, started a management company, wife is a RE agent and has maint/rep/plumbrs...
Chris Seveney
Is it really this bad with syndicators?
We run investor relations in house with our company - so I believe this adds another level of transparency when communicating with investors. So every month we have a member of our team reach out to investors to check...
Jonathan Cooke
Cash strapped but want to purchase
My wife and I are debating on taking out a HELOC on an investment property we own to purchase another property. My problem with this is that it's already too hard to cash flow as it is without adding an interest and p...
Account Closed
15 Undeniable Reasons It's Time to Sell Your Investment Property
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...
Shawn Connors
Tax Question
Hey BP,
In 2015 I started my LLC and I also have a full time job. My question is this...
If I spent money on marketing for REI can I write that off on my taxes this year?
Michele Kilgore
Exemptions to capital gains on residency for 2 of the last 5 year
It is my understanding that job loss would allow you to prorate the capital gains taxes on my residency. Is this only if I’m moving away or can it also be applied if I’m downsizing? Thank you
Andrew Bober
Should depreciation cost basis be put in an offer to purchase?
I had an unfortunate experience with our buyer's agent in OH recently. The agent walked away from me and the deal when I asked him to include time limits in an offer, as well as a price breakdown to establish depreci...
Gena Gonzales
Have to short sale please help!
My morgatge went up from $800 month to $1400 a month have to short sale a house, any advise? This is my investment home on deer island in Florida. Live in Ca.On a fixed income...NationStar will not remodify my loan. ...
Lijuan Wei
mortgage note interested income tax too high？
Sold my rental house owner financing last year. This year’s mortgage note interested income is $4312. After put it in turbo tax. 700was charged for federal and state tax together. Does that sound right? I feel like th...