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Are you navigating a Sec. 1031 exchange or facing deferred tax gains and looking to understand how to optimize your deductions?Today I wanted to share with you how to maximize deductions on like-kind exchanges using c...
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Hello All,
I'd like some advice on selecting a real estate firm to join as I've recently completed the Massachusetts real estate salesperson examination.
I have a couple Brokers in mind but I want to make sure I'm ...
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Hello BiggerPockets!
I come to you with a two fold question, but first I would like to present a little background. I'm attempting purchase a Mobile Home Park in MO which includes some SFR in the deal. The seller is...
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Can You Deduct Payments Paid on a Principal Only Note?
Situation; Elderly Seller bought their Triplex home for
around $350K Many Many Years ago. She lives in One unit and rents out
the other two Un...
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I have been managing a set of industrial properties for a family member for several years and they are now wishing to sell the property. I am trying to put together financing so that I can purchase this property for m...
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From what I found on rentometer.com the rent for this place might me little low so from what I have read I should reduce the offer price for the property until it cash flows? I am also unsure of my numbers, I mean the...
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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
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Hey BP Chicago Fam, my husband and I are currently looking for a home to house hack that will be cash flow positive at least by year 2 of us living there (we expect to relocate back to Florida in year 2 or 3). We foun...
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I've dealt with good title and bad title companies as I am sure you have. What suggestions do we have to make them better?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Given Raleigh RE market at the time, there were multiple offers and we had to pay above asking. This property ...