Carlton Wood
$25,000 Offset Question???
What’s up BP!!! Have a question about the $25,000 offset I’m hoping someone could answer for me. To be clear I’m referring to the up to $25,000 in passive losses that the IRS allows you to offset your earned income by...
Chris Marshall
Tax Lien Investors Buyer Club Website? Is It A Scam?
I purchased access to the tax lien investor buyers club at a event in St. Louis cause it was on sell and i thought it would work a certain way but so far it doesn't work that way and they are advising me that i should...
John Hopf
Tax implications on Spec Home
I am new to BP, and have spent hours combing thorough the forums... it is remarkable how giving and generous so many of you are, thank you.With that being said, I am looking to build my first spec home. I have learn...
Sabrina Huyett
Cap rate of 1.5%....would you sell?
I own two properties. The first one, that I bought in 2016, has nearly doubled in value. I lived in it for 6 years and just moved out in 2022, so I wouldn't pay capital gains if I sold it. After listening to Bigger Po...
Eric Rosiello
Structuring a Partnership for a Deal
Hi BP community,About six months ago I posted on these message boards asking for advice and recommendations regarding property management. I am happy to report that after an extensive interview process I hired a prope...
Account Closed
Check my buy-and-hold rental assumptions for Houston, Texas
Hi all,I'm interested in acquiring a small (~10) portfolio of SFH rentals to supplement my income in ~15-20 years. As I play around with my numbers, and especially as I look at how property taxes work here in Houston...
Account Closed
What costs more, a money partner or hard money lender?
I'm curious what people think. I'm sure it depends on the money partner split, HML costs, etc. I think, generally speaking, you are going to end up putting less money in your pocket with a money partner than if you ...
Jennifer McElliott
Reviewing a PPM - from investor point of view
Hi folks - just wondering if as an accredited investor, do you normally take the PPMs that you are considering to an SEC lawyer to review on your behalf? and/or what other types of due diligence do you perform before...
Account Closed
I've done a rental analysis and have a question about the NOI
I've done a rental analysis on a potential rental property where I'd be charging $4200/month and the monthly expenses have come to $3635(Mortgage, tax, insurance, vacancy, cap ex, maintenance, Manage, HOA). The report...
Bang Tran
2014 tax for flips
Hello everyone, I have a capital gains tax question. I purchased and flipped a house April 2014 and sold it in September for a profit. I turned around and bought another house in December and sold it in January 2015. ...