Annie Balagot
Short term rental as an active activity
Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test. Here's my ...
MIke Williams
Tax question (sell from an LLC or quit claim sell as an indiv)
Hi my business partner and I have a 2 family in OH.
Having a devil of a time getting a cash out refi because the post rehab value is only about $75k.
Decided to go another route ...
My thoughts are to withdraw from ...
Jarielys Morales
Rental Market Analysis Help
Hello!I'm interested in knowing what the 1) Townhome (TH) rental market AND 2) room rentals are like in Hyattsville, MD (20781) and College Park (20782), specifically: For TH and Individual rooms rentals:- The demogra...
Dan Funk
Private Mortgage Lender Do's and Don'ts
I'm a newbie to BP...love the depth of knowledge I'm seeing on here.If you keep your quest for private mortgage lenders with people you know...are there any disclaimers or disclosures that "need" to be made to these p...
Matt Ryan
Notifying Other Tenants of Service Animal
I have an applicant with a service animal that is interested in my property, which is a 4-unit building that doesn't allow pets. I understand that a service animal is not a pet, but I do not want the other tenants in ...
Melanie Hartmann
Analyzing, Offering, and Selling on Small Portfolios Packages
Hey BP community! As some of you know I'm BRAND SPANKING NEW to wholesaling and am just getting my business off of the ground as it's just over 2 weeks old.I've had a couple of different sellers reach out who are inte...
Rafael Norat
Capital Gains Tax on Flip via Joint Venture
I have a flip project with 2 partners through a joint venture. The property was purchase in an llc I own with a separate agreement stating our purpose, roles, and such.
Question: would the capital gains tax be calcu...
Aaron Vargas
How to keep accounting separate
I’m looking to acquire a small investment property with a group of three people. We decided we will purchase as individuals to take advantage of more favorable rates. But if we purchase as individuals, how do we keep ...
Dustin M.
Who would you prefer to sell to?
Hi,
I have a mobile home that is for sale. I have around five people who are interested in purchasing it contract for deed for $13,500. I am not 100% sure who I should sell the home too. Four of the individuals want ...
Matt V.
Private Lender Legitimacy Screening
I have been in touch with a private lender offering to loan on an owner-occupied multi that I am looking at purchasing for my family when we relocate to another state. My question is how do I or what questions should ...