Steven Baker
1031 New build sale into like kind
28 February 2024 | 5 replies
Just trying to see best way to play the tax game.
Cade Antonucci
What do you use for security deposit set ups?
26 February 2024 | 6 replies
If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.
Mario Martinez
Fix And Flip Gone Wrong
27 February 2024 | 9 replies
Using this strategy your tenant-buyer must put up at least a 3.5% downpayment (required for an FHA loan), non-refundable.
Jack Little
seller carry back mortgage note
28 February 2024 | 3 replies
Anybody have some sample wording for a seller carry back mortgage note that is held inside of a tax deferred exchange?
Alan DeRossett
fruit tree Tax exemption
26 February 2024 | 12 replies
In California more then 5 fruit trees is considered a Orchard for tax purposes, I can get the Orchard Tax exemption for first 4 years after planting. has any one tried this with multifamily properties?
Yuqing Xiong
Does renting out a property cover the expenses?
28 February 2024 | 12 replies
When I do the math on renting out a property, like in Texas, for a 1 bed and bath and compare it to the median rent for the area, the rental income doesn't cover the entire mortgage, property tax, fees, etc., of the property itself.
Tedman Cheng
How to structure a fix and flip partnership?
28 February 2024 | 2 replies
My question is, how should the partnership be structured so that each partner pays their share of taxes at the end of the year?
Caio Ferreira Torres
House Hacking Every Year Not Possible?
1 March 2024 | 13 replies
I would talk to a lender, they look at your Schedule E section of your tax returns and add back depreciation, so basically, as long as that number is greater than the mortgage, your property will be a net zero on your debt to income ratio or it will be at a positive best case and small negative worst case, so you only have to really qualify for the next property.
Collin Hays
Government-sponsored extortion, Sevier County style
28 February 2024 | 24 replies
Wait until you get your property tax bills for the next few years....
Joseph Fenner
Will there ever be a BiggerPockets mobile app?
28 February 2024 | 11 replies
Biggerpockets could implement AI to check EVERY website at once for data which will make numbers more accurate and make investing faster.5: What about tax savings real estate has tax advantages, BiggerPockets could implement a system that shows you step by step how to save money on taxes.