
10 April 2018 | 2 replies
They just write a check and wait for a return.

10 April 2018 | 1 reply
Since I did not actually rent it in 2017, can I deduct expenses to get it ready on my 2017 tax return?

10 April 2018 | 9 replies
It is harder to get loans, you must file a tax return, it costs something each year in most states, etc. it should be obvious when you need to start it.

9 March 2019 | 1 reply
Hi BP, I’m stuck and could really use some help, when dealing with code enforcement leads, witch status should I focus on most to find the most motivation: Docket Information:-Not held but resolved-Dismissed-Continued-Return of service-Voluntary Dismissal -Civil Complaint-Defendant Defaulted-Amendent Complaint FiledCase Disposition:-Voluntary dismissal-Finding and order-Agreement-Pending

6 June 2018 | 1 reply
Current specs are:Purchase/acquisition price: $850,000Development cost something around $850,000-$1,000,000 depending on what we do (around $215/LF of road)Wanting to offer 10% return to investorsAccording to a NATIONAL builder in my immediate area who has built homes around me in major subdivisions...., they are very interested in my project and estimate a take down schedule of 7-8 homes a quarter.
10 April 2018 | 2 replies
Obviously I will get hard written contracts before finalizing anything.I'm calculating my Cash on Cash return at about 30%.

10 April 2018 | 1 reply
I am in the process of having a duplex built in Houston and I may have the option to add some amenities which will increase rent. Has anyone done this before with a site built? For example adding an Amazon box, lighti...

10 April 2018 | 2 replies
*Note: this post is intended for investors who actively DO NOT automatically file a 1040 every year, unless they've incurred a tax liability.I'm wondering what difficulties investors who understand (have read the pertinent details of the tax code) have faced when engaging in investment opportunities that normally require an investor to furnish tax returns, and what solutions have they come up with.From my experience in banking, I understand that institutional lenders normally require a borrower to furnish yearly personal financial statements and tax returns.

10 April 2018 | 2 replies
I would also personally want a much higher return for my capital than 7-8%.

11 April 2018 | 20 replies
After reno it still comes in just slightly above the 1% rule with around a 6% cash on cash return, which are these numbers okay for a neighborhood that keeps getting hotter?