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12 February 2025 | 7 replies
Consulting with an experienced eviction attorney in Seattle is essential to confirm their status and to ensure you’re following the correct legal process for removing them, if necessary.Disclaimer: I am not an attorney or an eviction specialist, so this is not legal advice.
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3 February 2025 | 8 replies
The medical and behavioral health, and helping sectors is one of those sectors.
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10 February 2025 | 7 replies
At the very least she will be able to carry forward the losses for a very long time, helping her get into cash flow positive status much faster.
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1 February 2025 | 1 reply
Yes not just for cash flow but for the health of the deal.
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3 February 2025 | 5 replies
Throughout the year I come across situations where people need to sell there home due to a variety or reasons, job loss, income loss, health, divorce, etc.
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18 February 2025 | 8 replies
I would check out airdna pay for a monthly sub for a bit, it really helps paint a picture of the health of a market.
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18 February 2025 | 11 replies
W-2 status isn’t a choice—the IRS determines it based on work conditions.
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17 February 2025 | 3 replies
Here are the key details of my situation:Rental Property Details (Note: This was our primary home till 2017):Current Value: $970,000 to $1MPrimary Mortgage Loan Balance: $505,000 (@ 2.6%)Took Home Equity Loan on this house to make down payment for my current primary residence.Home Equity Loan Balance: $123,000Total Loan Balance: $628K (Primary Mortgage + Home Equity Loan)Rental Status: OccupiedPrimary Residence:Purchased in 2022Mortgage Rate: 7.3%Current Loan Balance: $650KMy goal for 2025 is 2 fold: #1.
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12 February 2025 | 20 replies
The owner, a family member of one of our buyers, inherited the property through probate, but they weren’t equipped to handle the renovation.The house had been left in disrepair for quite some time, with the previous owner struggling with mental health issues.
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31 January 2025 | 0 replies
Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more.