Steven Atkins
New builds in the suburbs
Morning BP'ersFirst post here. I've been patiently saving and researching for about 6 months and I'm getting a little "analysis paralysis". I grew up and currently reside in Dallas proper and work in McKinney and it s...
Whitney Stanley
Help - Zero Cash Flow Deals
Help!Good afternoon BP Community! I stumbled about the site and it appears to be a wealth of information and I am excited to bounce around questions in hopes that I will get some help. I'm currently working for a real...
Jordan Cortese
New Construction, good or bad?
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
Bruce Cline
Wondering if we should sell our homes or rent them?
My fiancé and I had planned to sell our homes late spring/early summer with plans to build a home in a year or so. (Texas gulf coast). Our thought was that we needed to strike while the iron was hot to maximize our pr...
Daniel A.
Transfer Rental Property from Parent to Child - CA Prop 58
Hello,I am looking for some help on the following...I own 48% of an apartment building (located in California) with my parents, who own the other 52%. They want to transfer another 35% of ownership to me. This 35% is ...
Yeshua Smith
Can you deduct real estate purchases from your taxable income?
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
Samuel R. Harden
Feasibility and Suggestions for First Time Commercial Development
Hello:I have a dream to become involved in commercial development, but have no experience in this field. Hopefully you all can help me put together the pieces of this puzzle so I can determine whether it is feasible a...
Brandon McCombs
structuring accounting and tax receipts for single dwelling with multiple addresses
Hello,I'm closing on my 2nd property next week. It happens to be a 9 unit building, 2 units of which are commercial. It is situated at a 4 way intersection. The 2 commercial units have their own addresses (313 and 317...
Harry Campbell
Can you change your depreciation value?
Someone asked me a question on my site about changing depreciation for past years. I did some research but could not find a solid answer.
Let's say you buy a property for 200k and use 100k for bldg and 100k ...
Paul Johnson
When to sell my my home when getting one built in another state
I plan on selling my home in Cleveland, Oh and build a house in Florida not sure when to start the Sale or Build process. I have already purchased the land cash and have about 150k in equity in my home I'm selling and...