There are new ways to treat improvements to properties based on recent tax court decisions. This can be a significant tax benefit for real estate owners. The changes are related to what types of repairs should be expe...
Hi all, my wife and I are finally getting serious about investing in real estate this year, and have been so thankful to have found this community! We've been devouring all the BP podcasts, and starting to read the f...
How significant is the tax appraisal of a property? I'm looking to flip a property and the comps for the area are showing properties of this type are selling for 55-65k but the tax appraisal on the property is 6700. H...
Greetings BP colleagues!Being a new BP member I thought I would seek some INPUT/ADVICE from other members on a recent purchase I did....wish I was a member sooner to ask before I closed.So I just closed on property (6...
HGTV, = more information or disinformation?I have a 80 something relative, that insists that Property Brothers is real. I've never watched it, have yet to watch anything nonfiction on HGTV though. Maybe I should be mo...
Investment Info:
Small multi-family (2-4 units) other investment.
Cash invested: $30,000
Two-Family home that I now manage for the family. The house used to only short-term rent for 12 weeks a year and g...
Hello everyone. I’m new to wholesale real estate and will plan to spend the rest of 2021 to research, understand it, and hope to start generating income from it by end of 2021 or early to mid-2022. The idea that there...
Has anyone in the Kansas/Missouri area dealt much with New Market Tax Credits and how they can apply to a property? Secondly, do these credits only apply to properties that offer retail services or can they apply to s...
Hello - My rental property has been rented for most of last year. In the middle of the year we moved it from our personal names to an LLC. The LLC was opened up in both my name and my husbands. Do we file one LLC and ...
How to make $6250 rent a month on a condo? Here's how I did it. BANK CALLED ME and I agreed to buy a condo they were about to take back in Athens Georgia near UGA. 3 story, 5 bed, 4 bath with nearly 3000 square feet. ...