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Hey BP members, I was doing some research on tax advantages to switching solar in South Carolina for rental properties. From what I can see there is both a state tax credit (25% of the total system cost up to $35,000)...
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I am not an accountant but I about ready to hire one as I now own my 3rd SFH. Last tax year I only had 1 SFH and I learned a lot about what's taxable and what's not. The basics of deducting my itemized expenses and ...
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Howdy y'all! My mom would like me to assume the loan of her house to ensure it remains in my name. She and my stepdad would continue to live in the house and pay for everything (e.g., utilities, mortgage, etc.). Essen...
This is a survey. To restate the question, when you formed your business, what costs did you fail to notice?
All responses are appreciated.
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Hi BP fam,My partner and I decided to take the plunge! I started looking for properties in Coral Springs, Lighthouse, Boca, basically looking for B neighborhoods not to far from work, using FHA. The thing is I've been...
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So I have a question. When i have to calculate Holding Costs is that including the cost of the money i borrow or is that part all collected at the end of the deal? So if i don't add that in is all i am calculating I...
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Hey friends, I'm fairly new to real estate (still waiting to pull the trigger) and am trying to get the knack for quickly identifying if a property's numbers would make it a good investment. My thought was that this p...
This is a fast moving market, this multi family is on the market and might be a bit overpriced. Based on my analysis it appears to be a good deal though. Can some veterans share their insight and eyes and confirm if t...
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I have owned several single family homes throughout the United States. I have never heard of or encountered something called a Front Foot Benefit Charge (FFBC) until I moved to Anne Arundel county, Maryland.
This ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $94,000
Cash invested: $5,000
House hacking at its finest! This was my second investment property - a 3 fam...