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Hi everyone, I’m Marlon. I am new to the real estate game and to the BiggerPockets community. Thanks for having. I am interested in the wholesaling side of the industry to start. I have heard many in the gurus among o...
I just closed on my first multi family. It consists of 2 one bedrooms and 2 two bedrooms and currently has two tenants in one of each. Leaving two vacant. Neither of these tenants have leases. My question is how t...
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Evening,
Can my parents deduct major improvements that were made on their owner-occupied property? Their AGI is $82,000 on tax YR 2022.
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Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
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Anyone see this: Fix Housing First?
Any thoughts?
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How do you define "over improving?"Is it improving to the point where it increases cost to recoup?Is it improving to the point that the end result is conspicuous relative to similar properties?Both, something else? I...
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The latest Cost vs. Value report is out
Posted on: May 9, 2024
Last Updated on May 9, 2024
The 37th annual Cost vs. Value report has just been released and it’s full of good information for those thinking about...
I'm under contract on an existing single family in Billings, Montana. I already own an existing multiplex here in Billings (and apparently that property is like finding unicorn farts). My question is, if I wanted to f...
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Hello Everyone,
How do you figure out a budget for fixing up a house in-between tenants?
Long term tenants are moving out end of the month, July 2020.
Single-family home (3 bedroom/1 bath) with a detach in-law (1 ...
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His POV is that he’d rather have the cost of all the improvements built into the monthly mortgage payments than spend the time and credit card/debt to complete improvements on a fixer. We focus on STRs but ensure the ...