Michael Klinger
Multi-family 1031 Chicken? Egg? Conundrum?
Sold commercial office. Now in a 1031.I have a few weeks left on my identify period. After years to think about it, I have just a few weeks to get a deal in place.The years of thinking about it process, strongly persu...
Eric Ouimet
Obtaining my real esate liscense in Rochester, New York
This is my first post on BP, and I have been reading a lot about the pros and cons of having a real estate license and investing. I am located in Rochester, New York and am seriously considering obtaining my real e...
Jeff L.
How exactly do umbrella insurance policies work?
Say I have two properties, both under separate LLCs and insurance policies.If I get an umbrella policy under one of those insurance policies, can it cover the other property as well? Or do I need to get two umbrella p...
Melissa Faraias
Contractor forms to sign
Hello,I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the con...
Clark Hess
Vacation Rental Management Questions
My wife and I just moved to a small mountain town in Colorado and there is a huge demand for vacation property management here. We already have people that want us to manage their property but we are still trying to u...
Meena Price
File for LLC in my state or not?
Hello everyone,I really want to jump into wholesaling. I have my business plan and market budget mapped out and such, but I'm very passionate about getting started the right way. I don't see this as a fly by night or ...
Jezelle John
[Calc Review] Help me analyze this Cleveland deal
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*This link comes directly from our calculators, based on information input by the member who posted.
Account Closed
I disagree with my accountant on interpretation of the de minimis
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
Eric Upchurch
CA Investor - investing out of state
Hey BP,I have a CA LLC (yay, $800/year!). I'm wondering if someone can give me an actual example of "what to do" or "how to do it" as I start buying investment properties out of state. I WON'T take it as legal advice,...
Bat-Sheva G.
Fannie Mae "Temporarily Off Market" How to determine why?
Hi everyone! We just put in an offer on a Fannie Mae Homepath co-op. Fannie Mae countered and we accepted their counter offer. Then, about a week later, and without warning, the property was re-listed as "Temporari...