Dee Smithly
Inspection results- should we walk away?
Hello- We just got our home inspection done for our first time home and here are the major issues that our inspector identified. Since it is sellers market, we are already paying way over the listing price. Would you ...
Max Lefkowitz
Rate and Term on Bridge Loan
Hi Everyone,I’m a newbie here, so please forgive me if I’m in the wrong place.I’m about to buy a 3 unit property in NYC. My plan was to buy it with a Bridge Loan, do some extensive renovation and refinance using Rate ...
Kurt K.
Noise reduction for upstairs rental unit
Hi BPers,I'm getting ready to replace new flooring in an upstairs rental. This house is a triplex and has two units downstairs. Someone mentioned it might be a good time to soundproof the floor. Even though we had car...
Joe Farruggio
Flip & Taxes - Capital Gains?
So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...
Igor Nastaskin
Looking for advice on marketing townhouse for rent.
Hi, I am renting out a townhouse in North Hollywood and am wondering if I am doing something wrong. Briefly this is a 4bdr/4bath 2400 sq ft townhouse in North Hollywood, built brand new in Nov 2021. I use Ziprent prop...
Rajagopalarao Paidi
How to avoid or minimize Agent costs
Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has
Rudy Schmidt
# of guests in STR Listing-Gatlinburg
So as most investors in the Smokies can attest to, numbers have been down. May is not shaping up to be a great month, but I was wondering if changing my # of guest from 10 to 8 would help with search optimization on ...
Jake Hughes
Cost Segregation Study
Called my CPA and they mentioned that aside from tax write offs we can do a cost segregation study on one of my properties. What does this mean?
Taylor Robertson
Found off market deal with working with realtor. How to proceed?
I've been working with an agent for a couple months now in hopes of finding my second deal. He was previously my teacher in high school, so I've had a relationship with him and I've signed a buyer's agreement with him...
Account Closed
Must Know Real Estate Tax Saving Strategies for Investors
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...