Hi, folks! My husband and I live pretty humbly so we have zero debt. We own our home, our cars, etc. My husband works part time for himself and I don’t work at all. Haven’t since 2017. We’re surviving and thriving jus...
I recently had a chat with the Director Of Multi-Family Prooject with Airbnb and they are reaching out to Multi-Family Investors to offer a program to help implement short-term rentals for their properties. I have tal...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Good Afternoon BP Family,I recently purchased my first househack tri-plex, and the one tenant i was somewhat apprehensive about has just alerted me that he will only be able to pay $500 of the $675 rent that is due to...
This is kind of an old article from August last year: http://www.wsj.com/articles/china-cracks-down-on-m...http://www.scmp.com/business/banking-finance/artic..."I Surived Real Estate" video forum talked about its effe...
Guys and Gals,My first wrap hit a problem - HUD apparently doesn't allow wraps of FHA mortgages. I have a buyer ready and willing, but he insists on only doing an owner financed transaction.Here's the skinny: I have a...
So my dad and I co-own an LLC that we use to buy property. We don’t have a ton of money to put down on a large multifamily but I have been thinking about this idea.
If we buy a $2M property at a 13% cap rate, which ...
Single-family home sales fell 19.1 percent year-over-year, with 6,199 units sold, ending nine consecutive months of positive sales;The Days on Market (DOM) figure for single-family homes was unchanged at 58 days;Total...
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
I went to tenant/possession court today. My goal was to determine if it is a good method of finding disillusioned landlords who would want to sell their properties and get out of being a landlord. I had some time to...