Great afternoon BP,This weekend, I met up with Real Estate investor, who has a flipping/wholesale coaching program. The program educates you through the whole process on your first deal and give you complete access to...
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BP Community,First I just wanted to say how grateful I am to have found this community. Without all of you, I would not have had the courage to build connections and pull the trigger on my first investment property. ...
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Hello, I purchased my first 3 unit in Dec 19 and I am in the process of looking for my next unit since my first was not with an FHA loan but home possible and I am going to use FHA in a better location for the n...
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So.. odd situation that I'm having trouble getting a solid answer to. Partner and I bought a MF property via LLC which now under contract. Partner does not want to go the 1031 route and is ok with the capital gains hi...
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Just curious - taking a poll question for those who invest in notes with partners. Do you do your books yourself or have an accountant / bookkeeper. I have a book keeper do mine as they have kept me from having to do ...
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Hey there. For the past few years, I've been working for my family, managing their properties pretty much full time. However, I wasn't reporting any of the income I made. I'm wanting to get started in out of state inv...
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Hello fellow BP folks. I’m finishing up an extensive four unit remodel and I asked my accountant about which specifics I need for cost segregation she said ‘what is that?’ I then asked how much RE she owns.... you see...
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Hi all ,
Just curious for those who already own a rental for 30 years plus , I undestand when you sale it will be a huge tax bill to pay. What do you do after owning the property for 30 years? Still renting it out ...
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My LLC was form and office in the US who own all the properties. The LLC already have an EIN. Properties acquired last year 2017 and are still under repair and no income for last year. Do i still need to file a return...
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Hey experts,I recently bought a condo under my name and created an LLC. The condo is under my name but the LLC was created because I planned on renting out half of the space. My brother will be living in the other hal...