Hello everybody. I have two questions:
#1 What are the most common repair issues that investors/contractors/rehabbers run into when rehabbing a residential property?
#2 And what are repair problems that nee...
Have anyone been picked for IRS audit upon sale of a rental property?How many years does IRS go back in terms of checking the reported expenses and income, and the accumulated gain/loss over the years? If you read t...
[b]I have spoke to a few real estate investors around the area who have stated they own buildings and properties with cap rates of 25-30% Plus. I find that hard to believe...is this possible ?
Investment Info:
Single-family residence fix & flip investment in Greeley.
Purchase price: $230,000
Cash invested: $15,800
Purchased a SFH that was previously a rental and in need of cosmetic fix...
***SOS*** Hey everyone, I submitted an offer on a buy and hold, and just found out the rents are lower than what I ran the numbers with. Is $90 / month still a decent cash flow? Rents for $890 - $950
This is my first...
title says it all (Plan on bidding on 2 properties next week). Thanks in advance for the advice :)
I just watched @Brandon Turner video on using the Biggerpockets Wholesaling calculator and have a question regarding how the Rental Owner's Purchase Price is being calculated? I tried adding the loan amount plus the p...
If I lease my car to my scorp, the scorp can write off the lease payment. Can I write off the mileage on my personal taxes? Also can I depreciate that payment.? If this isn't the best setup what should I do?
I'm looking to convert my primary residence to rental before the end of the year. There are some maintenance and improvements necessary to make suitable for rent. For example, I need to fix some gutters and downspout...
Hey Team!
New to the game and have my first flip under contract. I'm in need of an insurance policy while holding the property- my team is using hard money. I expect the time between close and sale to be 3-4 months. ...