Chad Bean
Damages incurred during buying process
Hi All I was looking to get some insight on my situation. I had an executed contract to buy a triplex on May22, 2020 and did not close on the property until October 2, 2020 due to the seller refinancing. Inspections w...
Ana Marie B.
Taxes, Fees Incurred Selling Mom’s House
Hi BP Fam! Have a situation where my mom and her siblings are looking to sell their elderly mother’s single family house (who is alive and moving to a care home).There is a living trust in place. Wondering what sort o...
Kelly Iannone
M2M Leases incur Short Term Rental Tax?
Many of you have shared your preference and benefits of having tenants on M2M Leases, how do you handle Taxes? When researching target rental rates, I assume this is pre-tax and would need to confirm the comps are ad...
Matt McCue
Expenses incurred finding a rental property deductible?
Hi all, are expenses incurred searching for and/or purchasing (going to the closing) rental property tax deductible...whether that be mileage, or airfare to another state?
Carole G.
Way to sell without incurring capital gains?
We would like to sell several properties, pay off a few others, without giving a huge chunk to the IRS. Is there a way to do this?
Yolanda Williams
Best tax strategy to incure less taxation
Hello I am a first time flipper. I sold 2 properties this year that were titled and sold in my personal name. One that was held as a rental for about a 3 years prior and one that was acquired and sold after a year of ...
Stephen R Krempl
Using Roth IRA without incuring taxable event
I am new to buying rental properties. I want to get going but I have one aspect I don't know what to do with, Financing. I put a good chunk of money in a Roth IRA a couple years ago at Fidelity. I'm finding out that i...
Richard McRae
Biggest Underwriting Mistakes Incurred by Novice Investors
I see many properties advertised these days with unrealistically low expense ratios. Inexperienced investors that are excited to make that first acquisition need to be aware of and understand how to accurately evalua...
Tammy Kim
REIT fee question - percentage or as incurred?
Hello Group,
I was wondering what do REITs typically charge for disposing of properties? Would it be a percentage fee? Or as incurred (i.e. broker fees, legal fees, etc). This is separate from management fees and...
Robin Ryan
Rental Expenses Incurred Before Property is Rented
We moved from our primary residence 4/25 and spent a few months painting, reflooring, etc before deciding to rent it instead of selling. It was eventually rented on 8/15. Question is - are mortgage interest & pr...