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30 January 2025 | 21 replies
Thanks @Kerry Baird, I was talking with ridge lending and they have recently stopped the all in o e heloc product.
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31 January 2025 | 11 replies
You must report rental income on Schedule E and can deduct rental expenses like repairs, maintenance, property taxes, mortgage interest (allocated between personal and rental use), and depreciation for the rented portion.
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28 January 2025 | 6 replies
As eric pointed out, someone who lives in Phila will have to be registered as a manager of the property to obtain a rental license - usually a PMPersonally if you're looking to target SFH I would recommend: Roxborough (for 3+ bedroom - there is a large saturation for 1-2 bed apartments in area), East falls, E and W Mount airy (need to be proficient in neighborhood to know where the good and not so good blocks are, and far NE philly.
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18 February 2025 | 12 replies
For tax purposes, you really just need to have everything aligned to the schedule E categories.
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18 January 2025 | 5 replies
Here's why:This is a picture of a Schedule E.
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31 January 2025 | 12 replies
ANDAt least 5% ownerYou might want to check out this thread with sample REPS Log / Activity tracker that meets IRS guidelines https://www.biggerpockets.com/forums/51/topics/816680-real-e...
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25 January 2025 | 24 replies
I'll wrap this post by pinging two other Japan-based American investors for their thoughts (until they actually tell me to stop doing this): @Steven E.
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18 January 2025 | 1 reply
Hey , i am new to the bigger pocket forums , we are thinking of trying to get away from Canada and i was wondering about getting work with a builder /contractor under an E-2 or similar visa .
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31 January 2025 | 19 replies
When I got into the STR space in 2015, I needed my daughter to be available on a full ti e basis as PM.
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9 February 2025 | 173 replies
@Heshel Mangel@Zach EvanishThe 97% figure came form @Zach Evanish in an e-mail to me back in July of 2017 when we were having an e-mail exchange regarding the pricing of one of the properties on Roofstock.