Dan H.
California proposes additional 25% tax for flippers
There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...
Julia Stroud
Thoughts & experiences on overseas investing for new REIs?
Hi everyone! I've searched the forums for this topic but haven't found anything really from more recently than about 5 years ago. I am a new investor living in the US. My ultimate goal is to own properties in the US, ...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Ron Biggs
Don't Use Private Money!!
Bet that got your attention! Don't get me wrong I am a huge believer in using private money but I would recommend that newbies not use it!WHY?! You may ask! Private money is great and will take you far but if you are...
Carlo Michelotti
W-9s & 1099s: How do I pay contractors "under the table"?
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
Tina Garcia
Adverse possession claims after being forced out of home.
I am a single female who recently moved into a home that had been vacant for a number of years. I did all my homework regarding ownership, heirs or wills that may have been deeded to a friend or distant relative upon ...
Mark S.
The Great Equalizer for Texas? Property Tax Assessments
As an active investor in the DFW area, mostly Collin, Dallas, and Grayson counties I am often asked if we are in a bubble. My answer is no, at least at the moment. The reason I say this is my day job is a mortgage l...
Tony Tomasek
3 1/2 more years of this left... but what about the next 4 after
OK I am still coming to terms with the current administration.(and may not ever) But what do you think will happen here? Do you think it's likely that he will be re-elected? If no, please input on who you think will ...
Paul Munly
Portland, OR Landlords -- Please Take Note
I'm on a Portland, OR real estate broker's email list (I was thinking about buying in Portland a few months ago) and received what appears to be a pretty alarming change the city council is trying to pass this Thursda...
Sylvia B.
Hello, I'm a slumlord
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...