Generally through not only research but also live forums such as BiggerPockets I've noticed that everyone seems to agree that the first few years of real estate investing typically do not produce much cash flow, and t...
Hello BP,We are upgrading our personal home and trying to decide whether to sell our current home tax free thanks to homestead or turn it into a long-term rental. Does anyone have a concise formula for this? With no r...
There has been some confusion on this point, and emails to me with questions.If you have an Alabama tax lien you purchased through Govease.com (or you bought it from somebody who bought it through GovEase.com) you are...
I'd love to hear others' approach to accounting for property taxes and insurance. I have about two years experience managing my two triplexes with separate loans for each property. Currently my T&I are escrowed wi...
When you sell a rental property, depreciation recapture is taxed at higher rate.My question is do you owe the tax on depreciation recapture if you actually had no tax benefit from it during the years you were renting ...
Hi Everyone -I am planning on buying a 2 unit property and renting one of the units to my friend. I am giving him a good deal on it, so the rent will only be a few hundred dollars. I have done a lot of reading on all ...
How do RE investors accumulate a number of cash flow positive properties without running out of cash?
Let's say I have enough money to put a down payment on a fourplex and I find one that'll cashflow $400/mo. That's ...
If you have your properties in a LLC and have separate business accounts are you only taxed on money you take out (salary) from the LLC? If there is extra cash that I could be pulling out as salary but don't and it st...
Team - I could use your help! I'm evaluating a number of different real-estate investment decisions and am trying to figure out what is the best indicator of returns that I should use to make "apples to apples" compar...
hello BP over there years I accumulated three rental properties thru private money loans, im at the point where I want lower interest rates. ive never done business with a bank but my credit is fair, tax returns looks...