Steven Baca
Owner Financing (Expert Advise Needed)
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 ...
Jimmy S.
sell or keep rental?
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...
William C.
Cost Segregation Without Bonus Depreciation on SFH, LTR's
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 ...
Forrest Holden
Raw Land Flip
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 ...
Yousef Reda
Summary of Canadians investing in US
Ive read several discussions here on BP and would like to summarize the learning points from them. As a canadian buying in the USA PROs:Access to a real estate market x 10 that of Canada. Much better rent to value dea...
Lydia S.
Brother and sister on Deed
Hello all,
If a brother and sister were deeded a home after the passing of their father, and the sister now wishes to buy out the brother (who has occupied the home for over 2 years), what is the process?
Both partie...
Richard Olshove
Tax/Structure Questions on LLC Holding : Property LLC Structure
Hello BP I had a couple of questions for you about the attached RE ownership structure. Specifically:1. For the WY LLC that has a S Corp taxation election does it operating only as a holding company for the other LL...
Melanie Baldridge
One of the best strategies?
Real estate is one of the most tax-advantaged investment strategies out there.
Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.
Making millions a year and often paying ...
Iaroslav Demydovych
Newbie needs help picking the right tenant
Finally after a week of having my property on a market i have 2 application and i can't see to pick one. Also, this is my first rental ever so wish me luck. So here is the scoop: the rent amount is $1275. 2.5 time the...
Montez B.
90$ a month to high for a bookeeper,accountant, business advice ?
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...