Hey guys!Some backgroundMy wife and I(both 25) have recently liquidated some assets($50k) due to relocating across country and have decided to sell our triplex for a $200k-$300k profit. We also make $4000 a month and ...

I'm looking for advice on an offer that my bf received on his house in Tujunga, California. The offer is from a few buyers looking to buy a few homes in the area and are asking if the house would be up for sale withou...

We are under contract on a property. We have 60 thousand dollars in a 1031. The seller is willing to charge us 30k in points to seller finance the deal. However, we would like 25k back after closing for repairs etc. Q...

1) Buy Supplies in Advance (to increase expenses and offset income)
How much disposable equipment do you expect to use in 2021? Order it now so the cost is deductible in 2020 if you need to offset income. Buy what yo...

Greetings!Last night at our REIA meeting a CPA that provided book keeping services said that the most common trait among her most successful clients was that they where all actively educating themselves.For the benefi...

I met with a lady that received one of my D4$ post cards. The lady wants to sell/get out from under the house but has 2 big problems. 1) The house belongs to her mother (widow) but the mother passed away two years ago...

Hi all.  I was wondering if someone could explain the tax implications for both sides of an owner financing deal for a rental property?  I am just starting to research this financing strategy and I'm wondering how muc...

I think I've asked this question before, but now that I am a few years in I would like to see what others with a more experienced background think. Things have become more nuanced. I'm a passive LP investor in multifa...

I have a rehab property In Salinas, Ca that I need a solid licensed contractor for.  It's a quick and easy cosmetic renovation, looking for a contractor that understands pricing that makes sense for an investor and I ...

Hello,When plugging in #s into the "purchase closing cost" section of the BP rental calculator, you can click the "cost breakdown" link on it to plug in specific components (e.g. points, taxes, hazard insurance, etc.)...