All Forum Posts by: Richard V.

Can anyone recommend an investor friendly real estate agent in Birmingham, Alabama?

Hello fellow BP members!

I reside in California and am looking at investing in out of state rental property.  With the new tax law in place my understanding is that interest rate deductions are capped at $10,000 per year.  Is this an issue with owning rental real estate and looking to deduct the interest on those rental properties?  

Are there other tax benefits associated with owning rental property that would apply under the current tax environment?

Thank you in advance!

Richard

Hello fellow BP members!

I reside in California and am looking at investing in out of state rental property.  With the new tax law in place my understanding is that interest rate deductions are capped at $10,000 per year.  Is this an issue with owning rental real estate and looking to deduct the interest on those rental properties?  

Are there other tax benefits associated with owning rental property that would apply under the current tax environment?

Thank you in advance!

Richard

Can anyone refer me to a post that states all of the tax benefits of owning rental real estate? 

Thank you in advance!

I understand that the limit is 10 mortgages for someone to have.  How is it possible to own more than 10 investment properties?

I have heard on the Bigger Pockets podcast multiple individuals with more than 10 properties.  Trying to learn here and would appreciate any guidance on this.  TIA!

I am a newbie to Bigger Pockets and real estate investing in general.  What is typically discussed at the meeting?  I would like to attend.