I am following one piece of property in particular. Did some negotiating while it was in short sale but nothing came of it. Now the bank owns it outright, has it listed on MLS and there is a real estate agent assigned...
I am looking into buying my first house (that is a multi family) with a VA Loan. my plan is in a year to put it under an LLC S-Corp. would it be beneficial to put it in a land trust as the llc for the beneficiary? Or...
Hi all, I have a commercial space for lease and I am going to be getting a for lease sign made. I am curious what sort of things the BP community would put on the signage. I assume things like square footage and my ...
What’s the best approach ... cold calling or direct mail?
Hi BP Community!I've been learning and attending real estate investing meetings for the past couple of months now. I recently started reading The One Thing by Gary Keller, and came across the part where he asks the gu...
Is there any advantages to finding a vacant home ? Does it mean deals can easily be negotiated with the owner or is it just vacant because they cant fill it with a person living there
Looking for clarification here.
Contract price:20k, assignment fee 5k.
If I purchase a contract for 5k and close on the home for 20k, would I be able to write off the 5k assignment fee in full for the tax year, or ...
I'll try to keep this brief and to the point. In the process of purchasing my first investment property (2 br condo in Atlanta suburb). I get a call from the lender today (NFCU) telling me that underwriting cannot app...
Hi guys,
Tax question for you:
Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain it...
Seems like different Investors have different uses for replacement cost in terms of valuing potential investments.
The way I understand it, in general, when replacement cost is above the cost of acquiring an equivalen...