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28 March 2018 | 5 replies
Hi All, I live in Hoboken NJ and own my primary residence.
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28 March 2018 | 2 replies
Rental income is not considered interest or dividend income so you may not have to pay any taxes to New Hampshire.However, as a resident of MA - you will be required to report worldwide income which would include your income from NH.Nowadays - proximity to your accountant isn't as important as choosing an accountant who is knowledgeable in real estate taxation.You should interview a couple CPA's on BP and see who you connect with.
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31 March 2018 | 9 replies
@Aaron Vargas You have two options for Primary residence 1) FHA with 3.50% down payment 2) 5% down payment with Home Possible.
28 March 2018 | 2 replies
Hello @Case Roos,I'm new to "Real Estate" as an investor, I have my primary residence with equity I'd like to use to buy/hold rentals and then move away from the stock market roller coaster into cash flow + equity in real estate.I'm just trying to find something to jump into and get my feet wet.I'm looking to start by buying and holding in Oregon as it's where I was born n raised, but would eventually like to also buy out of state.Do you do the fixes yourself or have a small team you work with to get it all done?
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6 April 2018 | 11 replies
I currently residing in New Orleans, LA.
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28 March 2018 | 5 replies
You will likely only report the rental income/losses in the state the property is located in.You will then be required to file a PA resident tax return where you report worldwide income.
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16 June 2021 | 9 replies
@abrahamanderson Don't listen to others that say "stay in your lane" and out of playgrounds.This IS your lane, it's an amenity for your residents and as far a liability is concerned, reach out to your insurance provider to ensure you are properly insured and you should be fine.
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3 June 2019 | 4 replies
Hi guys,Today I stumbled upon an off market deal that has some really great potential, it's a 4 plex located about thirty minutes from my residence; the issue that I have is that the 4 plex is seperated out into both residential and commercial units...there are 3 units upstairs, all three of them are 2 bedroom 1 bathroom apartments being rented out for $500/month each, and then a commercial unit downstairs that is being rented for $800/month.
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29 March 2018 | 4 replies
I was presented with this tenant and told that I would have to accept that i could not do a background check due to his residency status being so new (again, not true, evictions going back to 2014).
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29 March 2018 | 5 replies
@Surya Kumar I think what you saw was a primary residence offering and not for investors/rental properties.