Brit Foshee
Am I a real estate professional for tax purposes ?
I am beginning to prepare for filing my taxes. I have not kept a good record of my hours. I have a full time job, but I feel like I've easily surpassed the 750 hour mark on my rentals and I probably have more like 10...
Dean Valadez
Is a W2 needed for a commercial loan?
I am looking to leave my W2 because it is an extremely intense and unhealthy work environment. I would like to get into the real estate industry, don't have any properties yet (so no rental history), have enough capit...
Daniel Rozen
How to analyze profit and loss with 20 rooms hotel/resort style STR
Hello BP community,i found a potential buy with dilapidated multi-family property which used to be hotel or resort and zoned for commercial use. Its on the lake and got couple of different size buildings which in tota...
Thomas Gagnon
NEED TAX ATTORNEY CPA ADVICE, TRAVEL TIME FOR RE PRO TEST
Im reaching out to all the real estate tax attorneys lawyers CPA etc.
I want to start by saying that I have contacted both tax attorneys and CPAs in my local area and have not made much progress after those meetings,...
Seth Firestone
Losing Money Due to Vacancy
I live in the Northern Virginia area where most of the properties have about a $3,000 a month mortgage. My partner and I are looking to buy our first property soon and we plan to house hack it for a year. I think ab...
Travis Daudelin
Would you cover hardwood floors?
I've just purchased my first property: a duplex in I guess what I'd call a C- neighborhood. I'm hoping it will turn into a success story post soon, but TBD.Both of the units have hardwood flooring in their main living...
Guevara M.
Butchers Block Countertops
Anyone use Butchers Block Countertops in your Rentals? Looking for options for my kitchen renovation and the price of them seems good. Any pros and cons to them?
Hunter Peterson
When does selling become worth it to you?
Answer this… If I could walk away with XX years of my current annual cash flow, it would be worth it for me to sell my property now.Since we may be due for a correction here in the near future, I figure I’m not the on...
Frankie Parker
Are tenants responsible for re-caulking worn or damaged caulking?
To make the answers unbiased for either side, I would like to ask this question both as a tenant and landlord. Please be impartial in your answers and answer as if you were both the tenant and landlord as well.
Are t...
Account Closed
Looking to house hack a 4 unit with fha loan need help in nj
Hello everyone, im 24 i have debt monthly expense is 280 to 350 a month, i have 140k cash and credit score is 776. I want to buy a 4 unit home in nj around north jersey to do fha loan 3.5% and rehab it with a 203k loa...