hello, all.I own 1 property and closing on another in ga, 1 in norfolk virginia and recently put in an offer on another property in virginia. My wife and i are needing to create an llc to get protection, tax benefits...
Hi BP,
My father and I are looking to develop our first single-family home to sell in central NJ. We run a small construction/maintenance company in the area specializing in renovating apartments/homes. We are clo...
How are vacation rentals performing through AirBnB, VRBO, and other prop-tech platforms? Are these properties outperforming traditional rental strategies, and if so, what type of property? I'm seeking to target rent...
First time into my rental that I'm evicting a tenant from since I gave here her pay or quit notice. DAMN! She's moved out and the house stinks to high heaven. Even though she's out, I'm going to the eviction hea...
Hey BP,I am looking for advice on how to structure a partnership. JV or LLC as partners. What are the Pros and Cons, implications, etc. I currently have 5 units that I have acquired over the last 24 months with my own...
I just recently bought my first flip house. All in after closing cost I'm at $75,000. I'll have $20,000 in rehab and the ARV is about $130,000. Based on expressed interest I don't think I'll have any problems getting ...
I am having a hard time finding if IRS has rules if there is a time limit (purchase to in service date) on what can be deducted.
Scenario - STR home purchased in August 2023. working on home to set up for STR Augu...
Hello,My CPA recently told me that the $50k we spend last year can not lower our tax burden because I have too high an income? Something seems to be missing here...I have never heard of this on any of the podcasts (I ...
Hello. I was recently hired by a RE developer as a Business Development Manager. Part of my role here is to raise capital for projects in the pipeline. To date, my boss has been self-financed or through traditional fi...