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5 March 2024 | 3 replies
These seven companies include Centene (#25), Emerson Electric (#207), Reinsurance Group of America (#257), Edward Jones (#333), Graybar Electric (#378), Olin (#410), and Ameren (#480).
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4 March 2024 | 5 replies
Since its a legit business, this will simply be a labor expense and expenses reduce your AGI(adjusted gross income) which lowers your tax liability.
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5 March 2024 | 0 replies
Good Morning BP,Rental Investors,There has been a lot of talk going around that rental interest is going to skyrocket due to multiple factors including high interest rates, the income relief program ending, and many foreclosures.Have you seen any changes in your properties?
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5 March 2024 | 4 replies
That doesn't include rewiring, adding GFCIs, or other repairs.
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5 March 2024 | 12 replies
It's definitely not a terrible idea to own real estate outside of a retirement account so you can take advantage of all the tax benefits, especially using the depreciation to reduce your taxable income from a w-2 job.
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5 March 2024 | 0 replies
Purchase price: $58,000 Cash invested: $32,000 Sale price: $145,000 Total cosmetic rehab including, interior paint, exterior paint, new roof, new flooring, new tile in shower, new fixtures and painting basement.
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6 March 2024 | 2 replies
Includes 3 parts.
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5 March 2024 | 8 replies
Be sure to include in your math the loss of the section 121 exclusion on your $50 gain in value.BP members often ask if their former primary residence makes a good rental and in most cases it does not (unless pre-planned as such).
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5 March 2024 | 11 replies
Including template contracts, template scope of work, etc.http://www.biggerpockets.com/flippingbooks
5 March 2024 | 3 replies
I would need to probably include farm profits in my calculations because the hope would be to eventually farm full time, but also supplement current income till I can move to farming full time.