Ross Roz
How to report taxes when Flipping homes under a business entity
I have an LLC partnership with a total of 3 members that was open so we could flip some houses. We bought 2 properties under the business name, paid cash for them in 2016 have not sold any yet, We have spent money to ...
Andre Harris
Help In Pittsburgh Pa
Hey everyone. I've FINALLY decided to get off the "read all the books and go to all the guru presentations" bandwagon and get in he game. Here's the problem I'm facing and wonder if anyone can relate. I seriously have...
Dwight Rigel
Pro-rating Rent for daily figure
I picked up a SFR with a tenant in place. After meeting and discussing the new rent amount and late fees they asked if they could move their due date back. I agreed and told them that the first month would have and ad...
Chau Cao
Purchasing an apt building with LIHTC already in place
Hi everyone. I am getting ready to purchase an apt building that has LIHTC for another 8 years. The owner already received tax credits and I will of course be getting nothing from LIHTC. My question is whether I hav...
Nicholas Robillard
New to buying and moving to San Antonio w a purpose
In the military, Just bought a house in Las Vegas a few months ago and popped orders to move to San Antonio. Renting it out and my Tenants are moving in in 2 days. I'm heading to TX next week. I would really like to b...
Austin Carr
Top 3 land lording mistakes
Hello allI just wanted to see what experienced landlords view as the top 3 mistakes new landlords make, from personal experience or elsewhere. I want to buy my first 3 room property soon and rent out 2 rooms. I don'...
Steve Majka
Texas Invester
Jumping out of the rat race after 20 years in IT, done with adults acting like children because they had a bad day. Time to live my passion and have fun.
Luis Suarez
New member for Sarasota, FL
Hi everyone, I am not only new to SW Florida, I am also new to the RE world. After 20 years in the Marine Corps I decided to retire from it and move to this beautiful area; however, the real world smacked me right in ...
Eugene Lee
Large companies and rental/real estate prices
Hi BP! So I'm in the process of identifying real estate markets I'd like to be in as of 2017, and I'm running into, not an issue but something I hope will be an interesting discussion. I currently reside in San Diego ...
Myka Artis
Mobile homes & Airbnb
Hello BP!I've been doing Airbnb out of my house and condo for the last 6 months and I just recently became a superhost and my partner and I are looking for more creative ways to Airbnb out units. I actually had to sto...