Stephen Bruce
Tenants without a Lease?!?!
Good morning! Here's the situation:I'm under contract on a quadplex. Current owner/landlord is terrible at his job. He says he does not have a lease signed for 3 out of 4 units. It is "word of mouth." He claims they a...
Matt M.
If I live-in my triplex, do I have to pay taxes on rental income earned?
To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...
Do I need to claim my rental incomes and then pay taxes on ...
Tyler Gilpin
Keeping track of portfolio financials
How do you guys keep track of your portfolio financials? Cash flow per unit, how much is left on mortgage per unit, etc. Lay everything out in Excel or do you use an app?
Cesar Pineda
How to find a wholesale deal?
I’ve watched countless hours on YouTube about wholesaling the last 6 months. I’m ready to begin my journey. So what are the best ways to find your first deal ?
Ernesto Sanchez
Wanting to get a BRRR started with 30K
Over the last couple years I’ve been able to save up a good chunk of change and finally decided that my strategy would be to get into rental properties. Im about half way done listening to BRRR by David Greene and I a...
Anthony Jordan
Owner Financing: Tax Implications for Seller
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...
Eric Renney
Buying a home with mortgage but is past statute of limitations.
Here is my situation, I did a mail out and got a guy to call me about his home. He is wanting to sell it but the property still has the original mortgage on it. He estimates at about $250,000. The lender started the f...
Jason Crowe
Property Taxes - Why Low and How to keep low?
I pose the question if buying a property with cash will your taxes be lower most likely? I evaluate properties from appraiser site and it may just be my assumption but it seems as if properties bought with cash may t...
James Robertson
Multifamily investing without professional credibility
What are some strategies to establish credibility with commercial brokers for a new REI seeking small multifamily units intending to use business credit for financing?
Teri B.
Am I understanding Flipping & Taxes correctly in 2018?
Hello,This is my first year having my taxes done by a CPA. When tax season slows down, I will gladly pay to sit down with him to answer questionsIn the meantime, I'm trying go get a grip on a simplified breakdown. T...