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Results (175)
David de Luna List purchased properties on Schedule C not yet sold?
23 July 2020 | 11 replies

I have been told by a number of CPAs that it's fine to go either way whether to list properties I purchased and have invested/rehabbing them, but have not yet sold in 2019 tax year. Either list them under inventory on...

Mike McCarthy Good Seller Finance Terms
27 February 2019 | 12 replies

I'm considering purchasing a pair of duplexes from an older gentleman.  He's been renting these properties for 25-30 years and is looking to be done with them.  I'm considering a seller-finance offer to help with clos...

James Wise James Wise turns down $500,000 TV deal.
7 January 2020 | 16 replies

A couple years ago we turned down a deal to do a TV show with the producers of the show Ice Road Truckers on the History Channel. That was a tough decision because the typical pay for a deal like this is $500,000.At 1...

Kin Lay Game: Lower taxable income through real estate investing?
30 May 2017 | 6 replies

Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...

Lloyd Segal Economic Update (Monday, July 13, 2020)
13 July 2020 | 1 reply

Economic Update
(Monday, July 13, 2020)
Not since the 1960s has the United States experienced social upheaval like it is experiencing today. We have protests, an upcoming national election, and a massively divide...

Jordan Ness Strip center acquisition Chicago suburbs
3 April 2021 | 12 replies

Hola, BP community !   Am circling a short list of neighborhood strip centers to bid on in the Chicago suburbs $4-6 mln range, looking for an advisor/mentor who can help review the bid level relative to fair market va...

Cory Lucas Lease/handling repair question?
26 June 2021 | 12 replies

Hey BP, curious how others handle their appliances? I have 3 units total, started last March and have now had 2 refrigerator issues, costing me $730 total. First refrigerator broke down and was such a foreign brand no...