Tom Dean
STR material participation to be considered active business
I've been researching this quite a bit and am looking into acquiring an STR that I would actively manage and would keep average stay at 7 days or less. I would like to meet the requirement of spending over 100 hours o...
Ting Liu
how to split capital gain tax with partner
I bought a building with a partner several years ago. But the building and loan were both under my name. My partner was not on any official record. Recently we sold the building. I'm just wondering how to handle the c...
Michelle Howey
Seeking Advice on Finding Off-Market Deals: Any specific techniques that work?
Hello everyone,
I’m currently exploring ways to find off-market real estate deals and would love to get some advice from this knowledgeable community.
What strategies or tools have you found most effective in identi...
Account Closed
Should I put down an extra 5% in order to get a lower rate?
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...
Jennifer Lopez
Short Term Rental Calculator
Hi,Is there a calculator for short-term rentals? Or any suggestions on how to determine how a property will perform as one?TIA ~ Jennifer
Eric Yu
Business Formation or Asset Protection Lawyer Recommendations In Bay Area? (And CPA!)
Hello everyone! Does anyone have a good recommendation for a real estate attorney (specializing in business formation and/or asset protection) and CPA in the Bay Area? Preferably in the Oakland, Berkeley, Walnut Creek...
Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...
Tinia James
Made no profit this year should I still file taxes?
I started dabbling in wholesaling a few months ago,I do not have an LLC. I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “.
Alison M.
Subject-To Deal Analyzer?
Hi All,
I am looking for a spreadsheet to help me analyze subject-to deals. If anyone has one they are willing to share please send it on or post in the files section.
I've scoured the BP website looking for this...
Mario Morales
"Multi-family" agents-how to pick one's
What value is expected or provided by an agent who specializes in multi-family residential, not commercial. 1-4 units. Kind of silly but I always feel they keep the best deals for themselves