Kyle Scholnick
Depreciation still possible?
I am looking to buy a rental property turnkey. I understand some tax benefits should be money I used on maintenance and the mortgage, but the biggest one depreciation seems to be out of reach.Do most people still use ...
Stephen Glover
Marketing Your Rental - Tips to Lower Vacancy
Leasing season is fast approaching (at least in Richmond, VA). As the weather begins to warm, people are coming out of their homes and begin to look for opportunity. Spring is the most valuable time to have a vacant ...
Daniel Dietz
Taxation of portfolio upon spouse's death?
Hello,We are in talks to buy a portfolio of rentals from an individual who's spouse recently passed away. They are considering doing owner financing and we have been talking about possible benefits or drawback for eac...
Thomas Knight
Depreciation questions that are stumping me
1. If you have started depreciating your property (which is based on the asset value not on the land) and you say, get it reappraised or you refinance it do you start the depreciation process over at the new adjusted ...
William Coet
Negotiating Commision with Agent Who Is Broker + Dual Agent
For SFH transactions, when not using a buyers agent and using the listing agent as dual-agent who also happens to be the broker the agent is getting the full commission of the sale. They would be sharing it with a li...
Megan Thomson
Potential Section 8 Tenant
I just listed our first house for rent and I had a potential tenant contact me to ask if we take section 8 housing. My first thought is no, however I don't want to discriminate against anyone. We live in Michigan - I'...
Molly Haggerty
Fixed rate or ARMs for buy-and-hold property?
Hi all,New to BP and REI but looking to purchase my first investment property soon. I inquired with a mortgage lender and was provided several options for financing: 1. Fixed rate mortgage for 30 years2. 3 different A...
Lina Riley
real estate investment
With the current trend of real estate in the United States, is it a wise choice to invest in real estate? , Recently, I invested most of the liquid cash in my hand. The return on real investment is too slow. I like sh...
Brandon Addison
Refinance Strategy
Hello BP forum!I'm beginning the process of exploring real estate investment as a means to create passive income, but I'm currently in the researching phase. In attempting to learn about broader investment principles...
Derek Magdziak
Valuation of Multifamily Apartments - No Tenants
When evaluating a multifamily property (5+ units), one would determine the actual property income (the total income the property generated in the prior 12 months) and use this calculation as part of the calculation fo...