If my wife and I file taxes jointly and make over $150,000, can we deduct the depreciation value of our rentals?Is there a limit for how much we can write off (deduct) with our rentals?We currently own 2 duplexes (we ...
Once upon a time I was a loan officer. I leveraged that knowledge into buying properties. All Lenders speak their own language, but they have two things in common 1.) They want to be paid on time 2.) They don't want t...
Hey all!Does anyone have any experience with a Joint Development Agreement in land development? Say I had entitled, ready to build land - what would a JDA with a developer look like? More specifically, if I put my lan...
Hello all,I am a 20 year old college student at the University of Wisconsin, Madison. For the past 2 years I’ve had my eyes on investing in a real estate property located in Windsor Hills, Orlando Florida.The property...
Hey, my name is Jimmy I'm new to BP. Looking into wholesaling ! Any info or anyone from New York that's wholesaling I would love to talk to and learn from the members here on BP !
:)
Can anyone point me to best practice resource for a partnership agreement, private placement memorandum (PPM), and/or other critical documents that need to be in order for the purposes of something as buying a piece o...
Hello All,
My name is Scot and I'm located in Algonquin, IL. I have been fascinated with real estate for many years. I owned a couple of properties in the past jointly with my father as rentals. The cupboa...
Hi, I have opportunities to fix and flip on Long Island, NY but unfortunately do not have the cash for it. I am new to the business and do not have any experience in flipping properties. How do you recommend I get sta...
Hi all,My first post. I'm excited about the wonderful resources on this site and am eager to learn as much as possible.I'm currently vetting a foreclosure deal and was wondering how significant this issue can be that ...
Hi.So I have gone through a lot of the analysis that are presented in the podcasts and one thing that is certain is that we have a somewhat different kettle of fish in Canada. The same numbers that are easier to post...