Wai Chan
20% pass through deduction for rental income
If me and wife own a piece of rental property (joint tenants and not under any LLC), does it consider as pass through entity? When we file tax jointly next year, can we claim the 20% pass through deduction for the ren...
Jay Z.
Average return of a Multiunit?
Hello Everyone,In the past 3 years I have been doing Brrrr investments on individual residential properties and bought 10+ rental properties. My cash return is 20-40%. BTW I didn't know "Brrrr method" until recently I...
Chad Trail
Duplex Appraisal - Comps?
I am in the process of having a duplex refinanced in Ft. Wayne, IN. When I look online I see nearby duplexes that have sold at a price that would substantiate my value in the $180k-$200k range. However, those duplex...
Jacob Claxton
LLC and Hard Money Loans
QUESTION: I keep hearing about using hard money to help fund projects when you aren't able to get a conventional loan. Looking into it, I see most hard money lenders will only lend to LLC's or other corporations, and...
Brian Schmelzlen
New details on the tax bill
For those of you who do not an alert set up for whenever news breaks about the new tax bill, details are coming out about what will be contained in the final version of the bill (coming out of committee).Here are the ...
Brad Ball
First Deal: Too Big a Project?
There are three 4-unit properties available in our market. Each unit is 2 BR/1.5 BA.They are for sale individually but the buyer prefers to sell as a package because they are all on a cul-de-sac type arrangement. They...
Maria Knott
Newbie Wholesale investor found many pre-foreclosures in my area.
I found many pre-foreclosure properties in my neighborhood and I’m interested in reaching out to the owners but I don’t know what to say. I’m thinking I may need to get a mentor first. Any suggestions?
Stefhen Offutt
Becoming More active on BP
Hello All,
I'm Stefhen but I go by Stef. I wanted to introduce myself to the BP community as I have had an account for some time, but between being gone for the military and family commitments last year I haven't bee...
Andrew Nesbitt
Where do you all go for smaller mortgages? Like $50k
Looking to invest in rental property in the midwest where there are tons of sub-$70k properties which means I need a $50k mortgage, but doesn't seem like anyone wants to deal with that.
Angela Zaitz
ADU - splitting existing SFR
There was a sun room that was added to the house and I’m planning to have that finished ( insulated and dry walled and vent added) and use that as great room and add a wall to enclose the kitchen to access the back...