Lloyd Segal
Economic Update (Monday, July 20, 2020)
Economic Update
(Monday, July 20, 2020)
In a previously unimaginable turn of events, the ...
Ryan Moses
Are we seeing the last of short sales?
One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
James Defazio
Tax professional help needed!!
So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
Lloyd Segal
Economic Update (August 31 - September 4, 2020)
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
Glenn McCrorey
What do Flippers do with the profits?
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Dan Fenu
5 reasons property in the EU is still a good buy for Britons
Following the UK’s decision to leave the EU some Britons have deferred plans to move to a European Union (EU) country or purchase a second home in EU destinations including Spain and Portugal. This isn’t the case for...
Joseph Castaneda
Targeted Mailing List To Find Potential Sellers For A Realtor
Greetings, What would be the best criteria for a Realtor to use when creating a mailing list for a neighborhood you are farming and want to target the home owners in that neighborhood who are most likely to sell? Woul...
Micahel Lorent
What's the real deal?
I've been reading old BP posts and other articles all over the place, and I just want somebody to tell it to me straight: what's the real deal with wholesaling? I know it's more of a business than an "investment", but...
Shaun Anderson
Outsourcing Property Management
My realtor has suggested possibly outsourcing the property management or properties, maybe larger ones.
Has anyone had experience with this and what are the pros/cons?
Shannon Persha
Potential offer for first duplex purchase
New investor in the Milwaukee area market. We are very interested in a duplex in the Milwaukee area. List price = $149,000; seller claims she has a cash offer of $130,000 and said she'd accept $140,000 from us (conv...