This came out this morning from the National Association of Realtors!Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges The Internal Revenue Service has issued final rules on t...
Hello BP community,I have a newbie question. Let's say you own a rental property. How do you go about arranging the electric, gas, water, and other utility bills to be paid by the tenants? Do you deactivate the ser...
I talked to the always helpful @Dmitriy Fomichenko a while back about SoloKs, SDIRAs and Checkbook LLCs and despite the SoloK being the obvious best choice, I came to the conclusion that since I don't make any schedul...
Simple steps on getting your first Deal! Don't overthink it, just do it!
Boils down to these simple steps:
1. Buy a list of records2. Skip Trace the list3. Call the list OR Text Blast
In Detail:
1) - Buy a data li...
Hello All! I've been a member of BP for sometime now, but I have decided to actively pursue flipping again. Many years ago, I started investing in San Diego purchasing properties at the courthouse steps and distressed...
One of the panes (left side, middle) has a BB gun hole through it.How does fix this on this style window??Debating whether I should replace the whole window or not. Plannign for it to be a rental, but want to make it...
Hey all -I'm doing a webinar tonight on Private Lending and I'd love to tell a couple examples of people who have used Private Lending to fund their real estate deals. So... in 200-ish words or less, how have YOU used...
Hi, we currently live in Georgetown, TX which is just north of Austin. We are going to be purchasing our first home in Indiana this April. We want to start it out right. For the first quite a few homes, I see us just ...
I'm in new territory here. Would love some advice on my next move. Here's the stats:
I purchased a $300,000 office building about 3 years ago with owner financing. The interest rate is fixed at 7% and has a call i...
Hello BP family!My friends and are thinking of investing in a STR in Palm Springs, bought under an LLC. Our biggest question is how to structure the exit strategy in the operating agreement, and the best way to distri...