Suppose now that the proposal before the City Council contemplates imposing a price ceiling on apartment rentals, but not on house rentals. Would owners of rental houses in this city be likely to support this proposal...
I'm closing on a duplex in a couple weeks and I'm considering using a property manager vs. self-managing. I was wondering if anyone could provide a recommendation for a reputable property management company in Norther...
Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...
Hello everybody I hope everyone is doing well. I apologize in advance for the lengthy post. I have a few questions as I am new to the game but I have a basic understanding through this great site and finishing the Ult...
Hello Everyone,
I know the 1031 exchange is used to defer the capital gains under the condition you use it to buy another home. Is there a tax strategy for using capital gains off the sale of a home to pay off other ...
What kind of systems do you use for tracking expenses/bills for each of your properties? How are you systematizing properties to keep track of all expenses, taxes, profit and loss, etc? My wife and I are up to 4 prope...
Hi BP, close to two years ago I quit my full time job and started flipping houses full time. I have not yet encountered a tax year where I've had to work through and claim income for flipping, but that is coming up in...
What's up BP?I have a few properties around Boston and one of them is a prime condo conversion candidate. Problem is I'm a die hard buy and hold investor so really only like to sell property when it can give me signif...
I’ve recently been exploring wealth management strategies/options to make sure our assets grow and are protected. The problem is I don’t really know what we should be doing to take things to the next level.
For thos...
Seeking advice or anyone who has gone through with this.I have a sizable rental property portfolio (80 units) over three states than are all paid off.I live modestly and have very little expenses, and have reached a p...