My accountant stated, “The losses incurred on the rental properties cannot be taken and will be carried forward as your income exceeds $150k, thus no losses can be taken against your ordinary W2 income.”I was really s...

Hey group looking for insight to attract some private funding, I have a opportunity for a 200 unit.  Any with questions just ask away willing to share info.

I'm looking at purchasing some sfr or small multi families in the western New York area. Does anyone know the income tax rate an LLC would pay in New York State? Besides being able to write off expenses, and deprecia...

BP Family,Wanted to share some specifics of my journey of applying for Single Room Occupancy (SRO) and get some advice for my pending appeal.ApplicationBack in September 2019, I applied for a Use Permit for Single Roo...

Hi BP community, I'm finally ready to take my first step and purchase a buy & hold rental property. The thing is, there are so many different options and I'm pretty serious about efficiency. While I want to maximi...

Hey all,I've been a rental holder/landlord for 7 years, but I'm new to the wholesale scene.I've networked with rehab/flip buyers.  I found a house that meets my buyer's specs exactly.  He says he wants a minimum of $1...

In another thread, someone asked for more info on the proposed law for needing to have a license or endorsement to sell your own home. Also the question on retrofitting your home and needing an "endorsement" stamp fr...

Hello
I am 40 years old and live in Altoona , Pa.
I own my single family home. Buy that I mean I have no mortgage and I have the deed. I am trying to buy my first duplex to get some cash flow and to have a pass...

This is kind of a follow up to a previous post regarding this property. 20 unit property...twelve 2/1’s and eight 1/1’s. Property is currently owned by my family’s estate and we have it under contract to purchase for ...

Looking at a 32 unit deal in Milwaukee. However, the heating bill is 33K/year. They are newer, but it definitely hurts the investment. It has been sitting for a bit, and I think that number has been their big obstacle...