Matthew Powell
Preparing for taxes!
As we prepare ourselves to buy more I want to be sure we also want to be prepared for those dreaded taxes! My wife is a successful realtor. We have now gotten to the point to where we can no longer do our own taxes. E...
Account Closed
Bad credit & need 10K max to get inherited property ready to rent
Hi all,Not sure if I have any good options here but I inherited a property in zip 80003 and I'd like to hang onto it as a rental. I just need the 10K to get it ready. And my credit is terrible due to some bad times wh...
Louis Jordan
New member in Greenville, NC
Hi everyone, my name is Louis Jordan. I’m 25 years old and am interested in learning everything I can about real estate investing. I earned a BS in Business Administration from UNCW. Unfortunately I haven’t really put...
Christopher Oyenuga
Purchasing Rental 90 Days After Purchase of First Primary House
Hows it going BP? New to BP other than viewing the Podcast. I'm still new to real estate and consider myself in the education stage. I recently moved to the Augusta, Ga area from Northern Virginia and I'm originally f...
Kaleb Carsten
Build and hold 8 Plex help
Hey BP,I need some help analysing a potential deal. I have a property in South Dakota that I'm looking to purchase.This deal would be purchasing an existing sfr on a double lot, tearing it down and building an 8-plex ...
Chad C.
Deposit for rental property
Hi BP Landlords and Investors,
Got a quick question for you!
I have a rental in Arizona. A couple (boyfriend and girlfriend) move in together and sign lease Jul 2015. They deposit $1150 in Jul 2015. Each year the c...
Eric Nelson
Personal HELOC for LLC rental - change to LLC?
Hello, I've found a triplex in Bemidji that's going to work out for mw, but I don't know how the taxes and payments work when using a personal heloc for down payment on an LLC property.Is there a way to transfer the h...
Glenn Cosburn
Form 4562, MACRS depreciation for AIRBNB capital improvements
We spent $40,000 to restructure our house (basically combine two bedrooms to an airbnb unit). I assume I use form 4562 to report the start of depreciation of these capital improvements. If so, I was wondering how to f...
Eliza Parsons
Who finances YOUR rehabs?
Hi all, I hope everyone is doing well. Since a lot of rehab/hard money lenders have been tightening their guidelines, I have been having a difficult time in finding lenders with no BS. So, for those of you that go t...
Robert Haworth
Is there a deal here?
48 y.o., seller in Elridge, MD 21075 bought the property for $102K in 1994 and still owes an undetermined amount on it. He said, however, that he is “upside down”, so he must have re-financed once or twice enroute...