Is there some sort of Appraiser shortage in Portland, Molalla OR area. My kids are waiting for a month to get an appraisal for their loan, is this common for the area ? Do we have to use their appraiser, can we get ...
I have a question about property taxes and in how investors are calculating what their taxes will be when doing deals. In my state of SC the way property tax is assessed for rentals is (assessed value x .06 and that t...
I am new to real estate so please fill me in as much as possible..
First off can I write off meals if I am talking about Real Estate? Pf so is it only my meal or if there are two of us can I write of both of them?
W...
Hello all.
As I was preparing my tax returns, I realized my 2019 AGI exceeds the IRS income limits for full contributions to a Roth IRA, which carries a 6% penalty for every year the excess along with its correspondi...
Investment Info:
Single-family residence fix & flip investment in Mt Holly.
Purchase price: $60,000
Cash invested: $110,000
Sale price: $176,000
This was a full gut renovation. In additio...
I have a background in sales and I believe that's where I can attribute most of the connections I've made with cash buyers. Initially, I didn't have much time during the day because of my job, but here's what I did: I...
Howdy BP community, thank you in advance.In addition to doing my own research, I'm also looking for STR Property Manager recommendations from this community. BP has provided so much value to me and my RE endeavors tha...
If I sell a fourplex, roll the gains (1031) into a single-family home purchase, rent it out for a couple years, then live in the house for two consecutive years, can I completely avoid capital gains from the fourplex ...
Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
Hello and Happy New Year to all! Not a new investor, but I'm new to investing in the Maryland/ Washington DC metro areas. Coming from a high foreclosure area - Atlanta, GA, I was shocked to learn that Maryland leads t...