Dave Bopp
Required Capital Reserves for Turn Key Seller Financed Property
Being that I am self employed and unable to get traditional financing, I am looking to go the route of seller financing. If I am able to find a turn key property, how much should I have in capital reserves to allocate...
Steve Neuman
Checking/Credit Card Recommendations?
TL;DR- What is your favorite checking/credit card combination for managing your rental properties? Best perks, rewards, security, etc.Good Morning!I have a single entity LLC and I allocated an old personal checking ac...
Mike Stiffler
Non-resident landlord - pay state income tax twice on stock sale
I noticed a pattern when paying my taxes the last two years and it seems like I’m paying state income tax in two states from long term capital gains of stock sales.I live in CA (since 2013) and have a rental property ...
Joe S.
What kind of percentage or dollar amount for Markerting?
So the question is what kind of marketing budget are you using for your business? Do you work it some months more than others? If you make an extra profit some months do you market extra with that or simply treat your...
Steve K.
4 Unit Property - Deal or No Deal?
I'm just starting out. Is this an ok deal? If yes why? If no why? (Everyone evaluates differently)4 Units - Section 8 (S8) Approved - 2 Unit with Section 8 tenants and 2 Regular tenants. All occupied.On my Initial vis...
John Bernardo
Pass through expenses for STR - active or passive designation?
I'm working with a CPA who is arguing that STR should be considered a passive designation and therefore losses in our holding LLC cannot be applied to my W2 wages (which are > $150k). My spouse and I will be alloca...
Gregg Jossie
Student in Utah
I have been loving everything I'm seeing here on BP and am eating up the podcasts. Top notch stuff here! I want to get into real estate investing and eventually go full-time. I'm currently a finance student at BYU, pl...
Raja Carmi
Capital Gains exclusion on 2nd condo sale
Facts:1. Condo 1, titled in my name, bought in September 2013. Been living in this condo since (almost 6 years).2. Condo 2, titled in wife's name, bought in September 2015 and sold in May 2019. Wife lived in the condo...
Ekaterina Stepanova
Investing in MHP Fund
Hey Team, My partners and I are kicking off our first mhp fund and I'm curious as to what makes MHP Fund investing attractive to you? Many different operators offer essentially similar terms. Can you share what are t...
Ali Samana
Bank Issues
I have a house that I have as a sub2. Yesterday I found out that the bank raised the payment on the house from 759 (PITI) to 1014.89. When I called to inquire about it, the bank wasn't very helpful and I was being t...