Adrian Buck
Lakewood/Tacoma, WA 1st deal help
My question is primarily directed toward those who are familiar with or who invest in the south Sound area around JBLM. I'm looking to buy my first buy and hold rental, but only have $15k to get started. I've noticed ...
Jeanne Miller
Is reclaimed depreciation taxed in ADDITION to capital gains?!?
When house is sold, does IRS tax BOTH reclaimed depreciation and capital gains? We have a small house in FL that we built in 1978 and rented out ever since. It is fully depreciated, and is in very rough shape. We've b...
Richard McGaughey
House Hacking in South Shore Mass
Hi all!Looking to House Hack in the South Shore in Massachusetts! I make $33,000 a year and have 17,000 saved up. Loan Officers have told me I cannot afford it. How can I afford it?
Samuel Tzeng
Where should I start investment?
Hi everyone,
I just joined BP and this is my first post. I am in my early 40s (I know it is a bit late) and having a 9-5 job (sometimes 7-6). My wife and I have bought/sold our primary residency a few times, but stil...
Mark Coogan
handling security deposit for potentially litigious tenant
Would appreciate help on this one. I recently acquired a property where a dirty tenant of 2.5 years had to be removed prior to close as part of the contract. Ultimately, the tenant ended up moving after the close. T...
John Walter
Minneapolis House Hack- Starting Out
Good Morning BP,I am John Walter and I am new to the Real Estate and BP forums. I am located in Minneapolis, MN and am looking to get into a multi-family home. I have done a fair amount of studying and learning over t...
Harrison Sharp
DFW Rent by the Room Strategy
Hi all, Been on BP for awhile, have a house hack in Plano and a second property in OKC under my belt right now. I'm currently working on getting my sales license before my next deal next year. With that being said, ...
Michael O.
Listing on MLS before closing
Hi all just a quick question on legality of something here in NJ. Can I purchase a house put in escrow and have a realtor list it on MLS before I officially close on the house? My contract clearly states that I will ...
Lance Marshall
Strategy and Positioning for Highest Valuation
Hey folks, wanted to run my current situation by you and get some advice on which route to take.I currently have a mobile home park with 14 mobile homes, 6 of which are tenant owned and the remaining 8 are park owned ...
Ericilda Witherspoon
S Corp and LLC...what are the steps?
I am going on a joint venture 50/50. We want to start an S corp and LLC . We will eventually branch of. Please explain to me exactly how that works. If we create an S corp would we then individually create our own LL...