This goes out to the CPAs/accountants...if I'm selling a property that will realize capital gains, and I decide to provide seller financing, does the IRS recognize the sale for purposes of the 1031 timeline starting a...
Just wondering whether you are able to consider a trip to California a tax write off if you schedule a meeting with a real estate agent to look at properties? If so, what kind of documentation would i need?
Hi, I'm about to purchase my first short term rental from out of state but the property needs a little work. Is is it better to work with a general contractor or work with subcontractors separately? For example, if I ...
Almost all taxpayers are impacted in some way by the new tax law introduced as the Tax Cuts and Jobs Act of 2017 (TCJA). Individuals, LLCs, LLPs, LPs, and corporate entities alike now seek to identify key and relevant...
If I plan to own real estate investments as a viable source of income in my later years (hopefully sooner) would becoming a realtor be beneficial to me? I’m 24 years old, I’ve been a mechanic for the last 5 years and ...
I'm just curious - do you include "D and F" when talking about different property types? Or just "A, B, or C?" I'm just wondering what the general consensus on BP is. Like... I've got an "A" property in a "C" area. ...
I currently have 8 SFRs/condos and I would like to eventually trade them up into apartments. Here are my questions.I am afraid of selling my 8 SFRs/condos and not having anything identified to exchange into. Can I f...
here goes.. I am a builder... I am in the process of building a 4 plex.. and then after that I will do another .. Plan on having 4 within the next 5 years. All being 75% LTV. If all goes well I am considering in 5 yea...
I have a large multifamily and it is an older building. As of late we have had several complaints with regards to rodents and pests. We tented and fumigated the building 2 years ago and have changed pest control co...
Why all the effort?
When my partner and I decided to start a real estate investment company at the beginning of 2020 we had most major questions answered.Our goal was to use the BRRRR strategy to buy single family ...