Kyle K.
Texas LLC Fees
This post is meant to be informative in nature, since I found it a little difficult to find all of the answers I was looking for regarding Texas LLCs and I wanted to share my findings on BiggerPockets. Naturally, I wi...
Bradley Jernigan
A 50 unit Multi-family deal analysis
A 50 unit MF apartment is currently 90% occupied with rents averaging around 1000. If the cap rate of the area is around 6% and operating expenses are around 40% of the Total Gross Rental Income then what is a rough e...
Mike Hsiao
Setting Leases to end in Peak Months?
I have a 4-plex in Normal Heights, and just getting started with managing the property. One of the units leases will be ending at end of September. I believe they want to renew the lease, but I'm thinking of only ex...
Christina Rodrigues
New member looking for house hack advice
Hello,
I am new to this blog, not sure if I am late to the investing party as interest rates are climbing and house prices in San Diego are extreme expensive. I want to position myself for my first house hack, I woul...
Joe Lijoi
Tax treatment of LLC with no income but expenses
Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
Gabriel Rinato
Sell or rent out gifted property
My parents are downsizing and want to transfer ownership of one of their homes to me. I was using this home as my primary residence but am looking to move and start investing in real estate as well. The home is locate...
Terrell Murray
Anyone in the DEL-MAR-VA area?
Hello BP my name is Terrell Murray and I want to start investing in the DEL-MAR-VA area if your not familiar its the Delaware, Maryland and Virginia peninsula. Mostly rural areas with small towns but I'm sure its plen...
Susan K.
Paying taxes on Flips is it worth it as a business?
If flipping is a bad tax strategy or one of the worst RE strategies as far as taxation, how DO you make money by flipping? I have read many different posts that talk about how if your goal is to minimize taxes, flipp...
Dean Hulsing
Any success in getting the Tax bill down PRIOR to closing?
I am interested in purchasing a MFR that has a substantial amount of personal property associated with it. I am in IL and the owner pays for the TAX at the time of closing and I feel that the Taxes are high in compar...
Lindsay K.
How to accomplish an REI/life goal?
Hi everyone! I'm SUPER new to the world of real estate investing and am looking to get some input on how to tackle an REI/life goal. Forgive me if this question is too basic! I'll provide some background:Goal - Live m...