
24 May 2024 | 17 replies
I guess the good news is I won't have to pay taxes bc LOSSES.

21 May 2024 | 8 replies
Please keep in mind that unless you are a real estate professional or utilizing the short-term rental loophole strategy, you are creating passive losses that can only offset passive gains.
21 May 2024 | 8 replies
If you have lived in the property for more than 14 days or more than 10% of the rental days then yes, no rental losses are allowed (i.e. bonus depreciation).

22 May 2024 | 31 replies
While some syndications can return 15-20% I have also seen several in the past week turn a $50k investment into under $1,000 which equated to a 98% loss on capital.

22 May 2024 | 10 replies
At the new price, I believe it will sell in the next 30 to 60 days.I don't understand why the mortgage company would prefer to take a loss on a short sale instead of allowing me to defer a couple of payments in order to sell it and pay them back in full.Can anyone explain this and do you have any suggestions as to how I should proceed?

19 May 2024 | 25 replies
Hi BiggerPockets community, I am considering purchasing a STR and being an active participant for the opportunity to deduct the STR losses (notably deprecation) against my W2 job.

21 May 2024 | 12 replies
Tenant will continue to pay for utilities and any difference (or loss in rental) if home is leased for lower monthly rent than current lease term.

21 May 2024 | 25 replies
We bought at the peak of the market in 22, and can’t stomach the loss in equity + paying an agent to sell.

22 May 2024 | 13 replies
This way, I take a loss every year, but build equity.

23 May 2024 | 43 replies
We have come close to filing eviction many times.We do have a clause in our rental agreement that helps protect us from short timers, if it is legal in your state:After additional deductions for cleaning and repairs necessary to restore the premises to its original condition (less allowance for reasonable wear and tear), along with deductions for any rent due (including rent loss during periods of restoration), late fee, caused inspection/eviction, utility, notice, legal and any breach of contract costs, the balance of the security fee shall be refunded pro rata as follows: 10% of the remaining balance for up to one month of occupancy; 20% for two months, 30% for 3 months, 40% for 4 months, 50% for 5 months, …and so forth until 100% for 10 months or more of occupancy;