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23 January 2025 | 23 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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30 January 2025 | 4 replies
Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.
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7 January 2025 | 5 replies
I am offering 15% interest on the initial investment plus 40% ROI after a six-month grace period.
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10 February 2025 | 24 replies
Although, I have not bought anything recently since the market has gotten too high/hot.
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10 January 2025 | 4 replies
Quote from @John Friendas: I am trying to find the cheapest funding on a property I recently offered on.
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6 February 2025 | 13 replies
Selling it to someone willing to relocate it, offering it for free to avoid removal expenses, or donating it for a potential tax deduction could be better alternatives.If she passes without transferring ownership, the landowner might have to handle the trailer’s removal.
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10 February 2025 | 8 replies
As a person who has lived in NC & SC and Phoenix, I would highly suggest AZ.
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24 January 2025 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
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30 January 2025 | 5 replies
While having high standards is important, it's worth considering that many Section 8 tenants might not meet requirements like a 640 credit score or $90,000 in household income.
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3 January 2025 | 6 replies
I know your company offers a neighborhood ranking of A through D in Detroit, but it should be pretty clear just by taking an afternoon drive through the 'hoods, right?