We have beginning experience with SF home investing and are currently using cash for smaller deals. I just want to make sure we are asking all the right questions when we evaluate this next level deal. Cap rate is s...
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...