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Article about Philadelphia Real Estate Gentrification
From my keywords I get the feeling a lot of people are trying to figure out which Philly neighborhoods are "HOT". This article does a good job explaining those areas and the neighborhoods where house prices and rents ...
Amy E.
LLC Tax Forms (K-1, 1065, 8825, etc)
This is my first year doing taxes for my rental business. I have three properties in an LLC with a partner. I do my personal taxes myself with TurboTax, but I don't have anything quirky going on with my personal fin...
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HELOC For Down Payment
I have a 31k HELOC @ 4.75% on a rental. No cost to me. Cash-Out-Refi is 7k closing cost for only 17k. Don't want to bother.My plan is to use the HELOC as 20% down for a Conventional Investor Loan to acquire my 3rd ren...
Mike M.
Annual Bonus Check - Changing Witholding to "Exempt" a bad idea?
Hey all,I have a regular W2 job that provides a substantial bonus check annually. Over the years I have heard of gossip that changing my withholding for this single paycheck is the best tax strategy. My employer combi...
Ben Traxel
Property Management Fees
In the process of buying a 12 unit apartment building and will be my first time hiring a property manager. They say their standard rates are 10% of income, 1/2 of first month’s rent for all new tenants, and they charg...
David Ivy
Austin Market Update - April 2023
The April 2023 real estate market numbers are out from the Austin Board of REALTORS® (ABoR). The median home in Austin sold for $565,000, which is down 11% from April 2022. The greater Austin metro had a similar year...
Owen Franks
Buying Foreign Real Estate via corporation - Will this be a PFIC?
Hi all,I’m a US Citizen but we are stationed in the UK. From a UK tax perspective it’s better (by far) to buy new rentals via a Limited Liability Company. But I’m concerned from a US tax perspective that owning a fore...
Davon Velasquez
How Did You Start Out?
How did you all start out in real estate? Did you buy a home, take the equity/appreciation from that home and bought another? Was it like a "snowball effect"?How much money did you start out with? Where did you go to ...
Tony Deal
Can someone please outline a private money deal
I have saved and saved. Done pavers, patios, windows, siding, concrete and everything in between to get enough cash to start buying and flipping houses. I have now enough cash where I am buying 1 or 2 houses at a t...
John Starkey
Greetings from Alaska
Hello BP community,
My name is John Starkey; colleagues of mine in Alaska as well as myself are extremely blessed to have found this website. The helpful advice and nationwide networking opportunities are important ...