Chad R.
Is there a Tax Benefit to having Mortgage interest all on rental property ?
15 May 2024 | 7 replies
So 30k in interest payments on a primary would only net most people an $800 tax deduction since they would have already got the standard deduction by default, where as 30k in rental interest would translate into 30k in deductions.This means that for an awful lot of people, they effectively don't get to deduct the interest on their primary.Keeping the loan on your rentals, while getting rid of the loan on your primary also helps from an asset protection side of things.
Laura Kreinbring
Tax Advice, long-time tax platform user depreciation basis adjustment
14 May 2024 | 10 replies
If you truly want professional advise to confirm what the other forum is telling you, or to assist with your own research, I would suggest paying for a consultation with a CPA rather than relying on that of a free/public forum.
Patricia Kwan
Airbnb-ing a Primary Residence
15 May 2024 | 6 replies
I am trying to figure out if people generally run these are sole proprietorships or through an LLC.
Kirschlan Blanchard
New to Real Estate Investment
16 May 2024 | 6 replies
Very knowledgeable in very forum and super friendly people.
Rajin Saini
How to Grow PML Network as Experienced Investors
15 May 2024 | 13 replies
@Rajin SainiReach out to private lenders here on BPHappy to take a look at some of your dealsWhat we find to work the best is honestly not sell anyone but just tell people what you doYou fix and flip a few homes per month using private and hard money
LeRoi De-Souza
Out Of State Investing
15 May 2024 | 17 replies
I am looking to connect with people who are doing out of state investing.
Andre M.
How much do you expect out of your snowbirds on the Gulf Coast?
16 May 2024 | 11 replies
I had already factored in self management...I’m just wondering how people do just continuing STR over the winter months.
Munjal Adhvaryu
Investing from Canada
13 May 2024 | 21 replies
Feel free to reach out if you have any questions, I'd be happy to assist.
Anthony Blanco
Streamlining Multifamily Deal Analysis
16 May 2024 | 20 replies
I aim to utilize other people's money to invest wisely in buy-and-hold multifamily properties.
Sharma Parth
Looking for guidance from mentors/experienced BRRRR investors in Philadelphia area?
15 May 2024 | 14 replies
Harrowgate is up and coming in my opinion, even though people still may call it Needle Park.