Vlad Frenk
Newbie from Long Island
Hi, BP communityMy name is Vlad and I am a professional in my early 40s with a wife and 2 kids. For the last 10 years I have been diligently contributing money to my 403b, to watch my "balanced portfolio" suffer the s...
Jason Underdahl
Where's the unseen risk in long term buy and hold?
I'm looking for any insight into a blindspot in my portfolio I may have. I own a few single families, duplex and fourplex in MN/ND. Mortgages vary from 20 year loans we will redo in 5 and 10 to a 30 year fixed. Intere...
Brad Van Sickle
Hungry new licensee in Southern California
Hello everyone,
I have recently passed the California Real Estate license exam and am in the process of looking for a brokerage company to help me get started.
Initially I went after the license for investment purp...
Simon Ruiz
How long does probate take in California
Hello I have a lead on a house I'm looking to buy long story short the house has gone into Pre-foreclose and now has an assigned trustee.. I now suspect the house will go through probate even tho no aires are interest...
Art Webb
Roth Conversion Using Oil and Gas Tax Deductions
Does anyone have any experience using oil and gas tax deductions (Intangible Drilling Costs: 100% tax deductible during the first year and tangible Drilling Costs: 100% tax deductible) to reduce tax liability against ...
Lara Stuart
Help! Trying not to commingle inherited funds within my trust for new LLC doing PML
My father passed and his trust became irrevocable. My 2 siblings and I now have separate trusts derived from Dads (we all get a K-1). I want to use some of my inherited funds to start doing some PML and EMD but I do...
Chase Spitzer
Chattanooga, TN recommendations. Local banks, realtor, Air BNB?
I am working on a 5 year plan to move to the East coast and slowly unload property here in Illinois. I have spent the last couple years taking a lot of mini vacations and am highly intrigued by the Chattanooga area. W...
Billy Bell
Sent out 525 Yellow Letters, with only one call back. Need help and advice!
Hey BP Community!I am a brand new wholesaler from Phoenix, AZ. I sent out my first round of 525 Yellow letters to Absentee Owners a month ago and only got one call back. I have attached a picture of one of the letters...
Jasraj Singh
Is it profitable to invest in california?
Hi,As i’ve had a discussion with a lot of people about investing in California and most of them are saying that it’s difficult for a property to produce cash flow there and the market is Always very expensive there so...
Namal Burman
Real estate gain + W2
We have 2 W2s( Me+ Spouse).Have a primary residence SFH and 2 rentals.I have around $40K of rental income after all the deductions/depreciation.This time I used a CPA and I am a sure he tried his best to get all deduc...