Matthew Cervoni
How is your Bookkeeping going half way through 2022?
Hello BP! We are half way through the year and I am interested to hear how your goal to have clean & insightful bookkeeping is coming? If you're having success, what strategies are you deploying? What software are...
Thomas O'Donnell
When to Meet With a CPA?
What's up my fellow members! I have a couple quick questions. I bought my first duplex in the beginning of October this year, and I was wondering when the best time would be for me to meet with a CPA? Should I be doin...
Matt S.
Primary Residence Turned Rental - 1031 Exchange?
Hi All-I have a condo that was my primary residence for a number of years, but I started renting it out last May (and I live elsewhere). Is it now eligible for a 1031 exchange? Does it need to rented for a certain per...
Liz P.
Fixed Life Lease Tenant Question
Hi all!
I recently inquired about a triplex in my area that has a pretty unique renting situation. Units 2 and 3 are rented out month to month with no formal lease in place. They have lived there 5 and 15 years and s...
Helen Brennick
I'm new to the BRRR method and am anxious to try it out.
I would like to buy a house or multi family dwelling near Sulphur Springs, Texas, which is located east of Dallas.I'm nervous to try to get a loan with 3.5% down. Any suggestions?
John Brown
How to finance and structure this deal.
All, My partner and I are in early in the process of buying a property with multiple, 13, duplexes on it. They are all under 6 years old. The owner wants to minimize the capital gains tax he pays so we want to suggest...
Fe Kelly
Borrow from 401k?
So my husband and I have a little chunk of money in our 401k as well as some money saved. We plan to house hack our first purchase with the BRRRR method. Should we borrow from our 401k to make up the rest of the down ...
Bill B.
Loss of almost all recent BP emails?
I logged in today to find only one of the dozens of email messages I’ve received in the last month still listed in my inbox.I have one email from a week ago. The rest of my email threads that started more than a mont...
Jason Zeall
Hello from Hong Kong
Hello everyone,My name is Jason. Thought I'll add on to this thread rather than create a new one - just wanted to say a hello. HELLO ALL!I'm from Hong Kong, just joined BP not too long ago, hope to add value to the BP...
Joe Campbell
Help Evaluating Deal - What to propose?
Hello BP! I came across a possible deal I'm trying to work a proposal for the current homeowner and I need help presenting a win-win deal.The owner is selling because his mother in-law lived in the home and has passe...