So yesterday was a great day!! We had a lunch meeting with potential cash investors. They said yes and want to give us 200k for 6-8 month loan 9% interest for our next flip. My first thought was I could use 200k for a...
We just bought our first house, about 4 months ago. We bought so that it would work out as a rental when we move in a couple years. It turns out that we bought the house after it had had a serious re- model and been...
We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary. Are there any tax implications since it’s currently in an LLC and will...
Hello guys/gals im preparing to take my real estate exam in the next 2 weeks and im finishing up the class that im in. However, at this time im sick and can't go to class this week and in my time in bed resting im fin...
Although I owed a duplex as a primary residence in the past, I'm just now getting into multi-families as investment vehicles- mostly buy and hold for cash flow. My income is moderate, but combined with my wife's we re...
There is a piece of land that is coming up for sheriff sale in 1 month. The piece of land is in an area that I've been searching for land in for years, it is my ideal building spot, family in area etc. that being said...
Hey BP, recently came across an investment opportunity. The owner expressed he could sell me stock ownership in his property I am living at. Much like a public stock, essentially the owner sets the stock price at what...
BP, I own a 33.33% membership interest in an LLC that holds a two-family property, alongside two partners with equal stakes. Due to strategic differences, I plan to dissolve my interest within the next 3-6 months. How...
Im located in Colorado’s front range and a total rookie! I’m interested in doing an STR out of an RV on my primary residence. There are about a dozen or so other STRs just like this in about an hours radius of myself....
I need a new roof on one of my commercial investment properties. Can I expense the roof or do I need to depreciate it? My CPA says I have to depreciate it over 39 years but another CPA told me I can expense it.