Hey BP Fam - my father and I are buying our first investment property, and we decided were going for a duplex.Market: Atlanta Metro (open to Marietta/Smyrna/Decatur + nearby areas)Budget: Around 400K max Goal: Live in...

Forums quieter, broker response slower, tapes drying up.Active note buyers – where are you finding inventory now?

Hi everyone, I recently purchased a 4-plex in Kansas City and I’m navigating my first set of renewals. I have a significant rent gap between units in similar "poor" condition.
The Data:
Market Rent: $ 1200 - 1350 (f...

Hi everyone, I recently purchased a 4-plex in Kansas City and I’m navigating my first set of renewals. I have a significant rent gap between units in similar "poor" condition.The Data:
Market Rent: $ 1200 - 1350 (for...

Hey BP Fam - My Father and I are buying our first investment property and were set on getting a Duplex.Market:  Atlanta Metro (open to Marietta/Smyrna/Decatur + nearby areas)Budget: Around 400k maxGoal: live in one un...

If I recall correctly, in order to trigger a reassessment you need to put something like $2k or more into your property in a given year.

Groups that move quickly on large land plays usually include experienced land developers, family offices, private equity real estate shops, or institutional-leaning partners who already have dry powder and a track record with entitlement risk.

Has it triggered UBIT ( Unrelated Business Income Tax) for you? 

I've used HML for 14 deals and they pretty cut and dry but I did have one with an awful lender that nearly cost me a lot of money. 

Be cautious, the first-time homebuyer IRA exception only avoids the 10% penalty (not income tax) and must clearly apply to your primary residence.If you are buying multiple properties in one package, it can be difficult to properly allocate the IRA funds, and poor structuring could trigger the full early withdrawal penalty.Before proceeding, consider alternative financing or separating the transactions to avoid unnecessary tax consequences.