If I sold my 35,000 rental investment threw a 1031 exchange to avoid taxes can i transfer that and buy a a house for 100,000 in florida and use that 35,000 as a down payment on the new 100,000 investment, and can it ...
Interesting article ... I recall when the pandemic hit, the overwhelming consensus was that all of the distress and "deals" would happen in Q4 2020 and into Q1 2021. Well guess what folks, if you took this advice th...
We’ve been renting out a single family home for the last year that is renovated to be a triplex. We’ve made a great return so far but the city has asked us to move back in to continue renting out the ADUs, so we’re op...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $185,000
Cash invested: $235,000
Sale price: $658,000
Purchased an older ranch style home, remodeled and added ...
Hi BP Community,Does anyone know if you can get a tax deduction for the miles spent travelling to and from an owner ooccupied property?
I have a family member that wants to get into house flipping as well. I'm thinking about loaning him the money for the first flip. Some key criteria are:-I want to purchase the house in my name.-The taxes will be paid...
Hi, I am trying to fill out forms 4562, 8825, and 1065 for a partnership. Form 4562 is all done and contains depreciation from our rental properties and one listed property. The deprecation from this form is supposed ...
Hey everyone! I am completely new here and this is my first post. So, I am very “green” in real estate investing. Here’s my question: should an buy-and-hold rental investor save money allocated for Capital Expenditure...
-I plan to start house hacking my 3/2 house when I get back from Deployment. My house is on a VA loan and I plan on renting out 2 of the bedrooms to completely cover my mortgage and to help save money to invest in rea...
I am trying to understand the best way to figure out the most accurate way of calculating costs of maintenance and capital expenditures. I am thinking it could be 2% for one and 15% for another by seeing what conditi...