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3 January 2025 | 7 replies
If your goal is cash flow, then your best bet may be to live in it for 2 years, and then take that tax free gain (250k single person, 500k married) and buy elsewhere.
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23 December 2024 | 5 replies
That’s $30k in taxes.
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3 January 2025 | 5 replies
Insurance is just an expense to factor into your underwriting just like property taxes.
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30 December 2024 | 3 replies
I highly suggest you use our marketplaces to find trusted, investor-friendly team members: Tax Pro finder: https://www.biggerpockets.com/business/finder/tax-and-financ...Lender finder: https://www.biggerpockets.com/business/finder/lendersProperty manager finder (if you go that route and don't self manage): https://www.biggerpockets.com/business/finder/property-manag...
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31 December 2024 | 3 replies
yes in 2020 I had to find an alternative due to Covid.
3 January 2025 | 8 replies
.: Hi there,I have an investment property in Atlanta and over the past year, the property had major challenges due to squatters.
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23 December 2024 | 4 replies
That could trigger your due on sale clause and force you to get a new loan.
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31 December 2024 | 3 replies
Unlike a mortgage the interest on your loan will not be tax deductible.
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19 January 2025 | 55 replies
Also, they support with tax filing.
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2 January 2025 | 37 replies
When you are new, you can be your worst enemy (due to lack of knowledge, ego, and FOMO).If you are new, do you have a person who tells you that some deals suck?