Cameron Riley
Buying homes at tax sale or sheriff sale?
What is the largest amount of tax you have seen owed on a property at these sales? - When you purchase, do you just CURE the outstanding lien and it becomes your property?
Jade S.
Commercial Retail Space - Restaurant Tenant
Got a question for the commercial RE BPers in here. I've got a potential opportunity to evaluate an off market deal to purchase a commercial retail property that has a restaurant tenant (focus on regional/national cr...
Julio Gonzalez
Added Tax Benefits of Cost Segregation
Cost segregation is an amazing tax savings tool. Many know the standard benefits such as accelerated depreciation and bonus depreciation. But did you know that there are multiple other added tax benefits of a cost seg...
Rich Hupper
Where do developers get their money
Hi I am trying to learn more about property developers. When a property developer finds an old property in a historic district of an urban area that currently has many code violations not safe for human habitation, is...
Nick Graziose
HOA vs Condos in new development ofrental townhomes
Hi Everyone!
I am building a new 14 unit townhome project near Rochester NY. We have the first building started and am still early in the construction process. Our goal is to build, own and rent these units. When ...
Alec Sithong
Advice on buying rentals, flips or loaning out cash?
Hello BP'ers,I need some advice on which direction to go: with a starting capital of $125K, which is the most affective way to get cash return in a year or two? My goal (like everyone else) is to aspire to live off of...
Carl Fordyce
effective methods to track income and repair expenses by units?
i just bought my first rental its a 4-plex building I've been racking my brain on finding the best method for tracking my monthly income to expenses on a per unit basis. I've looked at things on BP but everything is b...
Joseph Hoot
LLC's - earning credit history, tax rates vs personal, and 1031
Background: My wife and I made lots of changes in our lives over the last year (REI and non-REI related), including her going into REI full-time. Our short-term goal for 2016 was to get a business entity going, get ...
Account Closed
Buying residental rental property which renting myself and taxes
Hi Guys, I am looking to buy a condo to rent it out while i am renting my self, this seems to be a odd thing. but I want to build my equity while i could accumulate to buy a house for my self. I am concerned about th...
Tone Church
How do you profit off land? What are the best options?
My father has offered to give me his house and property. The house is a total disaster both aesthetically and structurally and will require a total tear down including the foundation. He also owes about $12,000 in bac...