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Hi BP Brothers & Sisters!I have a 2bd/2ba townhouse that my tenant moves out 8/15/23. I've been leasing for 5 years and thinking it time to sell. A townhome 2 houses down sold for $160k and I was shocked so I'm ...
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Paid 70k for the house about 2 years ago and its worth about 135k now. It cash flows about 400 a month but its an old home. Figure I would owe about 15k in income taxes. Rent is $1000 a month.Its very tempting to take...
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Hoping to gather some opinions. For SFH's that are LTR's (home values approx. $280k with land value backed out) what are the advantages and disadvantages to conducting a cost segregation study when bonus depreciation ...
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Do you know anybody who has successfully completed a judicial foreclosure lawsuit for an Alabama tax lien, under the new tax sales system? I'm trying to create a list of problems people have encountered along the way...
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Hello all, I am interested in buying raw land at auction at far below fair market value with intent to "flip" the land at just below fair market value. How long would I want to hold the property before selling it in ...
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so this company contacted me and offer me unlimited access to a account to ask as many tax questions I want and they offering assistance with bookkeeping and doing my taxes with a app that I can monitor everything for...
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Closed on my first rental home this spring. It's been two months with renters in the property in Kansas City. I'm looking to start an LLC before my next, but I'm also out of the country about 7 months a year while I'm...
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Has anyone ever worked with Morris Investment? Are they a good company to work with? You can purchase rental properties from them and they manager the properties as well.
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I was approached by my neighbor if I wanted to purchase their house since they plan to move in the next three months for new job opportunities. It will be an off market deal. To save on fees for both parties, we are p...
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BP members,Looking for some advice. Have one rental that has been successful in the DMV area. Currently live in the midwest (2 1/2 years now), prices for houses are so much different than the east coast. To make a ...