Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
I was approached by Avantstay and wondered if anyone in this forum has had experience with them from owner point of view.
Mark Gliebe
Cap Rate on Multi-Family Property
What is a good cap rate on a 20 unit apartment complex close to 2 universities in a highly desirable and rentable area in Nashville, TN? Is 6% low, 8% average and 10% high? Forgive my ignorance but what is that base...
Tim Rainey
28 Unit deal with 8 delinquents, Covid Eviction moratorium?
I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...
Jeremy H.
Self Management - Yay or Nay? Why?
I'm coming to a bit of a crossroads here - I'm considering self-managing my rental properties (or my wife rather). She's been pushing to work from home lately and the properties are generating enough in management fee...
Mike Dawson
First Time STR Buyer Questions
Hi everyone! Long term lurker first time poster. We are ready to buy an STR in Myrtle and every time we find a place we run into some hidden fee that hikes the price up. For Example, we realize condos have high HOA...
Rebecca G.
commercial property funding
My husband and myself have a five unit property located in Toledo, Ohio. We are about 75% done with rehab and have temporarily run out of funding due to life changes. Overall we need about 8k to finish everything and ...
Rhonda Wilson
1031 Exchange into DST or TIC
Hello BP community, we have done a couple of 1031 exchanges into apartment buildings. Next year, we would like to sell one of our smaller properties (a 4-plex) and do a 1031 exchange to defer capital gains taxes. As e...
Sarah Lorenz
Features to include if building a home to also use as an STR?
I am thinking about building a house for our next primary residence, but I would also like to use it occasionally as an STR. I’m thinking about features to include for this purpose. So far, I’m thinking about extra cl...
Andrew Perkins
1031 Exchange LTR to STR
Hello! We are considering 1031 exchanging one of our long-term single-family rentals here in Kansas City for a short-term rental condo in Myrtle Beach. I'm nervous though about getting rid of our cash flowing long t...