Taylor L.
What would you do? SDIRA, Self Storage Pending Exit, 1031, DST, etc.
`What would you do in my situation?
Invested my Roth SDIRA in a self storage deal 4ish years ago. The deal has gone well and a sale within the next few months is likely. My proceeds will be in the low six figures, I ...
Alisa Keith
How should I file for my Flip house that still didn't sell?
Hi, so I bought a flip property (in Philadelphia, PA) for 169,000 in the summer of 2016 with the plans of selling in the year 2017 of course. In September 2016 I started the rehab process. We have put in about 100,000...
Dana N.
Filing Taxes with my LLC
Hi BP,Help!!! My tax person is saying I need to file for an extension. We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...
Ed Jaroch
Historic Building Rehab Federal Tax Credits
Are there any readers of this forum that have used "Federal Tax Credits for Rehabilitating Historic Buildings". I would interested in hearing what your experience was like. The tax credit sounds interesting, the ...
Ryan Melander
Should i pay more than the agreed upon price?
Hello BP community, sorry in advance if the forum is wrong but it doesn't seem like it fits in Legal.I'm closing on a property early next month and i have a couple questions regarding changing the purchase price. Thi...
Jeff Ausdemore
Series LLC book keeping
Good morning!Just wondering if anyone has any thoughts on bookeeping for a Series LLC? Our CPA recommended separate checking accounts for each property in a Series LLC. Seems like there could be a simpler solution w...
Mitch Stubbs
First Time 'Fix n Flip' with a partner
Hey everyone,A buddy and I are interested in getting our feet wet with our first rehab project this spring. I feel like this should be a basic question but it's hard to find a definitive answer to.We'll be splitting ...
Nikhil Mithani
New Jersey New Brunswick Property near Rutgers
I recently came across the following deal and wanted to share with everyone here to get some feedback on it.
SFH with 5 bedrooms, 2 bathrooms, 1 living room, 1 kitchen, no garage, but a private driveway.
Financials...
Eric P.
Should I start my own Handyman company?
Not sure if this is the right forum, but it's related to my BRRRR strategy. I recently bought two fixer uppers, and have been doing ALL of the renovations myself. Sure I can write off all my expenses, but not my labor...
Mark Greathouse
Cap Ex and other Expenses
When getting your first deal (lets call is a BRRRR). When should you start putting money away for the CAP EX and other expenditures? It seems like it is a dedication from rental cost, but what if reno’s are taking lon...