Brett Arceneaux
Forced into first deal!
I have been lurking around BP, listening to podcasts, and reading up on real estate investments for some time now. As fate would have it, we have been unable to sell our previous house for a year now, so we have decid...
John E.
Request to interview apartment complex owners
Good Afternoon, BP community!
My name is John. I have a rather large ask, but an important one nonetheless. Apartment complex investing has been an interest of mine for quite some time, though i knew it would be best...
Kenneth Kussman
First Rental Question
I have a new rental. it's my first and only rental property as of now. I do have a full-time job as well. I am going to talk to a real estate tax specialist soon, but the question I have right now is this.-Do I need a...
Michinori Kaneko
Foreign limited partners/syndications
Hi,has anyone done a syndication deals with foreign partners? I'm thinking about doing a syndicated deal with families and friends I have in Japan down the line, but the whole over the sea issue may add additional la...
Craig Heckman
Transferring property from SDIRA to LLC created later
I want to buy a property with a blend of Traditional self directed IRA and Roth self directed IRA. I'm in a hot market and concerned the deal will go fast. I would prefer to purchase via a LLC jointly owned by the t...
Joshua Dees
Are website subscriptions Tax Deductible?
Hello,My wife and I use skip tracing websites like BeenVerified and Spokeo to Skip Trace some of our leads, like returned mail. Is this a cost that I put under Business Cost at Tax Time, and Can I put those subscripti...
Konrad Wallerstein
Obtaining a mortgage based on rental income
Hello. I am retired. My income is from 11 rentals I own free and clear - 2 in Lehigh Acres and 9 in Jacksonville. My property income shows as negative (-25,000) due to accummulated losses and my SS is not taxed so ...
Joe Ort
What would you do if....
...you were in my shoes. Here's an overview of the situation but ask more clarifying questions if that helps:Decent W2 income and clearing ~$3.5k after expenses every monthDecent funds available (currently all deploye...
Victor Tan
Judicial auction sales in chicago
Hello, just bought a property from Judicial auction sales in Cook county in Chicago. Should I hire attorney for the transaction? Should I buy insurance on the property during the judge approved the sales with transfer...
Jeorge Thomas Starkovich
Ranch property investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $9,000
this was the first piece of property o clock to build up my buy an island by second p...