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Results (2,606+)
Ken N. Is Vinyl Plank Flooring really waterproof??
5 August 2020 | 4 replies
Now, while that is the case with the flooring itself, it doesn't prevent derived issues from water exposure, most notably subfloor damage from a crawlspace-related leak, mildew growth, etc, but the material itself is not affected by water.Yes I have, with no issues (specifically with vinyl, but no promises for laminate or engineered wood products). 
Elizabeth M Williams Should I invest in syndication or...
11 January 2021 | 20 replies
We could buy 4 - 5 houses under this model.But I'm wondering if it makes more sense to sink some cash instead into a well reputed syndication, aiming for a 3-4 year exit, and derive the same tax benefits & appreciation without being a long distance landlord.We ultimately want to be able to move back, at least to the US, to do some more deals actively, but my husband won't be able to be sponsored into a new job, as that is very rare, so will get his green card while there, ie, can't really count on a job until after we get there, but to be honest, we'd rather have set up some deals so we could just have a model where we can not have to worry about him getting a job at all, and working for ourselves in real estate investment.And in the meantime, we are also considering moving ultimately to Brisbane, but we can't build that sort of portfolio up there like we can in the US, plus I'm not familiar with the market/taxes/ways to do deals there like I am in the US. 
Scott Passman Now is NOT the Time to Accelerate Debt Repayment
11 August 2020 | 7 replies
The data compiled into the CPI are not publicly available which adds to the uncertainty of how these numbers are derived.
Mark Ross Picking a Self Directed IRA custodian
7 December 2020 | 12 replies
The Solo 401(k) also has the advantage of being more favorable for real estate investments using debt-financing such as a mortgage - as the 401(k) is exempted from a small tax called UDFI that an IRA would pay on the percentage of income derived from the borrowed money.So, as you continue your research and get feedback here on BP, think about what type of program will best suit your needs and be sure to ask questions along that line.
David Y M. Tax Schedule E Questions for Active Participation Loss
17 August 2020 | 16 replies
"(5)Limitation on deductions In the case of a use described in paragraph (1), (2), or (4), and in the case of a use described in paragraph (3) where the dwelling unit is used by the taxpayer during the taxable year as a residence, the deductions allowed under this chapter for the taxable year by reason of being attributed to such use shall not exceed the excess of—(A)the gross income derived from such use for the taxable year, over" - Found itThank you for the advice, and referencing the relevant IRC sections.There isn't a lot of guidance, and I was using the guidance given from the biggerpockets blog to calculate those expense ratios - so seems to me there isn't great consensus or just a lack of knowledge on this issue in general.Blog link: https://www.biggerpockets.com/blog/2016-02-21-tax-implications-house-hacking"If you have a single family home, you can either divide the room you occupy by the total number of rooms (rooms include beds, baths, kitchen, living room, dining room, etc.) or the square footage you occupy by the total square footage.You will now have a percentage of the home that you occupy and a percentage of the home that you rent." 
Dennis Cosgrave How Will California's Proposed Wealth Tax Affect You?
20 August 2020 | 78 replies
What income you derive from your assets or net worth should absolutely be taxed and those who make $10M plus a year should easily be able to handle an increase in taxes but only on income above X amount and NOT on net worth.
Jonathan Feliciano Landlord / Property Manager Expense Inquiry
21 August 2020 | 6 replies
Often times the sale of these properties is directly derived from the rents minus the expenses.  
Etienne Dubois I have 100,000 and i dont know where to put it...
27 September 2020 | 120 replies
I firmly believe that wealth is borne of equity -- derived from both forced and natural appreciation -- and that cashflow is your buffer to protect your equity.
Eric Chang Appraisal valuations and increase property values
14 May 2020 | 2 replies
If the property is new or maybe less than five years old, an appraiser may use the "Cost Approach", whereby and land and building values are estimated to derive the value. 
Tyler Krathwohl How do investors get loans on multiple properties?
14 May 2020 | 2 replies
They determine your dti derived from your reentals by taking 75% of your rental income, subtract depreciation and your expenses shown on your SchE.