Edward Shen
Flipping a House, Should I do For Sale by Owner?
Hi everyone,My name is Edward and hope everyone is doing well. Thank you for reading my forum discussion page. I am new to this whole real estate world and was asked by my Dad if I wanted to help him flipped a house. ...
Bryan Hancock
New Taxes for 2011 – How Much is Accurate?
Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
Every time we're preparing for a new administration, there's plenty of tax-related noise. The new President is going to do this, do that, yada yada yada.Unfortunately, a lot of financial and tax professionals join thi...
Peyton Zachrich
Minimum Closing Costs for $3000 Lot of Land?
In a recent acquisition of a portfolio of houses, I got a 0.2 acre lot of land in Cincinnati (Westwood neighborhood). I'm trying to sell it to one of the neighbors, not to build just to expand their yard, for its appr...
Jonathan Long
Help setting up first Commercial Deal w/ seller financing
Can anyone tell me what is a good cap rate for a commercial building in Lakewood, OH? I would also like to know the fair market value for rent per square foot in the area. I’m new to commercial property investing, a...
Brian DeLorme
Borrowing from a 401K to purchase a rental property
Anyone out there borrow from their 401K to purchase a rental property? How did it go?
Ryan Phillips
Does military retirement pay count as W-2 income for life?
I know when banks loan, having a W-2 income source is a huge factor in lending. Does anyone know if this applies to retirement pay? Sure would be a good incentive for someone looking to invest in real estate to hit ...
Michael Healy
Renting to yourself?
So I understand I will need to consult a tax professional. But I'm wondering about perspectives on renting to yourself...i.e. You personally pay your LLC for use of a unit...in this case it would be a for use as a sec...
Krista Shane
Capital Gains Tax-Owner occupied 2 of last 5 years rule
Hi BP community!We own a house that we lived in for greater than 2 years...we have heard about the capital gains tax rule that says you don't have to pay capital gains tax if you lived in the property 2 of the last 5 ...
Dana W.
Screening-Legitimate Tax Form Help
Hello,
I am a newbie renting my first condo. I have a great new applicant , seems very nice, that states they own their own business. They have five-star, glowing reviews from past landlords; paid on time, quiet, et...