Jay Patel
Does anyone use a Virtual Assistant for underwriting
I am wondering if anyone uses a Virtual Assistant or something similar from abroad to help underwrite deals. I understand this is more of a specialty task to delegate. Would love to know where you are finding an indiv...
Jay Hinrichs
building your Team on BP some tips I would like to share.
Good Morning,For all of you who are using BP to find vendors in other markets and are responding to those of us that have premium memberships.. I want to advise that when you do that there is a simple fill in the blan...
Clayton Hucke
Schedule E vs. Schedule C
I purchased a condo in September of 2018. Rehabbed the property in one month. I started marketing the property with availability starting October 12th. I immediately received three weekend bookings and an inquiry f...
Joshua Jones
Maximize Depreciation on investment properties
What type of properties would max out depreciation?
Would newer SFD's do better than an older duplex because of Cost segregation?While I want to cash flow my properties, I have a higher need to offset my income tax...
Jamal L.
Value Add with proven results
Latest Turn-over with upgraded basement to add value with our unique approach to optimizing residential Income! The Basement cost roughly $16.5k to be waterproofed and finished as a separate unit to itself and will br...
Devin Peterson
Lenders and brokers scaling question
This one is for all of my hard-working lender and broker friends on BP. As our firm grows and the volume of loans remains very high, I wanted to ask those who manage small-midsize brokerages questions on how to scale ...
Lucy Iburg
Looking for a good, responsible, contractor In Minnesota, license
Looking for a contractor , good and budget friendly, I am a house flipper and I visit my houses every day , to make sure work is done. I live in the twin cities of Minneapolis and Saint Paul, Minnesota.
I am planning...
Navid A.
Schedule E or Schedule C
BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
Nick Colvill
Seller doesn't have Schedule E - shady?
I'm new to investing in multi family units and plan to make my first purchase in a few months. I know the Schedule E is what a landlord should be filing come tax season, and I know my lender will want to see the Sched...
Sandra Habiger
How to deal with depreciation recapture on the tax return?
My friends, who are in the military sold their house last summer. The house was rented out before it was sold. The qualify for the stop the clock provision, so the sale will count as a sale of their primary residence....