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I have been noticing the competition stepping up in mainstream investing as of late. Well, at least in regards to preexisting inventory. As a new investor, I can honestly say my first year in the game has been easier...
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Hey BP!Prospective investor here. I'm right at the beginning of my journey in REI! I've gotten some great advice so far and am thrilled to have you all as a resource. One of the best pieces of advice I have gotten so ...
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Hello BP!I've been looking at out-of-state investments and have been very interested in SFR within a 30 minute drive of large military bases, specifically in Fayetteville near Ft. Bragg / Pope Field. I'm looking for ...
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My partner Zerik and I just finished our 4th rehab project since May of 2017. We really took a risk jumping this high in price point as our first 3 projects sold for $600k, $802k and $799k. We skipped over the $1M mar...
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Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...
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I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting. Thanks so much for your time!We purchased a house, listed it for ...
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I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage...
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Didn't locate anything written recently on this: Has there been a change to the tax treatment where an owner can move into a rental and convert it back to a residence then sell it w/o capital gain, within acceptable g...
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Hi all !While I have already denied the tenant, once in a while I run into a situation like this and wonder would someone else have done something different...This was an REO duplex and I inherited tenants on one side...