Brian Schmelzlen
2018 Tax Law Impact on 1031 Exchanges/Cost Segregation
The new tax law made it so that the gain on the sale of personal property can no longer be deferred through a 1031 exchange (1031s can now only be used for real property).Likewise, the new tax law made cost segregatio...
Nicole Goss
Best Direct Mail Service Providers?
Hello BP Community,
I'm researching my first direct mailing here in Northern Virginia. In addition to being a beginner investor I'm also a new real estate agent and want to send postcards to all the homes in my subdi...
Janelle Groenhout
How and Why we bought our first Rental Property- Long Version
You could say that Real Estate is in both my husband and my DNA yet in two different ways;Growing up my parents not only built their own home (including falling the trees and milling the lumber themselves) but also fl...
Jaclyn B.
House Hacking Gone Horribly Wrong
Hello BP Community,I've been on the house hacking train for quite a while and for the most part it's worked out very well for me. However, I've recently discovered that the new housemates I have are terrible. They've ...
Charles D.
What is considered wear and tear in rental house?
My tenant has called me twice already for things broken in the rental house. About 2 weeks ago, the facuet of the bath tub not working and water won't shut completely. I just paid $600 to fix it by a plumber. Then tod...
James Masotti
Project management software - how do you manage your projects?
As things with real estate are starting to pick up for me I'm now getting to a position where I could feasibly have more than one project running at a time and am trying to look at options for how best to keep these s...
Jessica Kiely
New rental - attracting a qualified tenant
Acquired our first rental property and working to attract a qualified tenant. The rental is listed on Facebook and Zillow: https://www.zillow.com/homedetails/102-S-30th-St-Harrisburg-... We have had 3 showings but hav...
Chris Shon
Do I need a Real Estate Tax Accountant?
Hello BP community!We started an LLC last year and are about to file our first return for 2024. We have purchased a property for flip that's currently under renovation. I wanted some advice on whether we need a specia...
Colton Joseph
What is the best way to file taxes to obtain a Mortgage? PLS HELP
Hello BP users... As always I am here for a bit of advice from all of you that know more than me!I am looking to get a 30 year fixed mortgage shortly (construction to perm to be exact.) and am trying to find out the b...
Rob Terpilowski
BRRRR turns into GRRRR, having a hard time refi-ing
I purchased 2 distressed duplexes next door to each other in the Seattle Tacoma area, initially with the intent of fixing and flipping them. I already had a BRRRR duplex that I purchased a few months prior and was be...