Joseph Schommer
Buy some rentals to bolster unrelated seasonal business?
Hi BP! I own and operate a seasonal business selling Christmas trees in Manhattan (hit me up if you want to hear more about that adventure!) and am wondering about buying oos rentals within my Christmas tree LLC. W...
Eddie Lehwald
$170k Windfall-what would you do?
Hi everybody, I have an interesting situation on my hands:I've recently sold a rental house here in Austin that experienced massive appreciation-I lived in it for 2 of the last 5 years and after all the fees etc. I...
Shawn Sparks
curious about net worth
I am new here and seriously considering REI I have been doing a lot of reading and research.. My question here however is whether or not the returns are worth it I see many posters talking about the hundreds of pr...
Ran Fridman
Cash refinance and than 1031 how it works ?
Hello guys, we plan to take cash out refinance from one of our houses that are paid off ( no mortgage) and then 1031 exchange sale.
Appraisal for our house value $ 200,000
Step # 1 - Cash out refinance $ 140,000
...
Mark N.A
Satellite Dish Problems. Any Advice?
The local satellite dish company has been installing dishes on my rental roofs WITHOUT my express permission. They say my tenants claimed to have my permission, and that if I have a problem with the installation (rig...
Terry Drake
Capital gains TAX and mobile homes
I see that this has been discussed with real estate, but not much discussion about buying and flipping mobile homes and what taxes will apply. I understand the year and a day holding period for real estate, but what ...
Marie S.
How Do You Pay Yourself?
So, I'm a couple weeks away from closing on my first 4-unit and was wondering... "How am I going to pay myself?"
How do you initiate and record payment to yourself? Do you put yourself on payroll? Do you calculate yo...
Carol D.
Investing with ARRIVED HOMES
Is anyone on BP investing with Arrived Homes?If so, what has your experience been? pros? cons?Thanks!
Paul C.
Room for Interpretation in Tax Laws ?
I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
Dan P.
Which markets still cash flow positive?
Hi BP world! I am looking to purchase my first residential multi-unit investment property, would prefer a tri-plex or 4-plex, but would be open to more units. I am located in the San Francisco Bay Area, and there is l...