Andrew S.
House hack/ live in flip tax optimization
Good morning BP,I'm currently living in a house hack duplex/ live in flip. I closed on the property 125k in August, put 10k to make my side 90% complete, then put 7k in the other half. I had my old roommates move in t...
Sarah Lorenz
Combined purchase amount
If I sell an investment property for say, $500,000, using a 1031, can I buy two new investment properties for 200K each with 100K for repairs if it is wrapped into the loan?
George Frye
Structuring a syndication for Opportunity Zones
I have recently been speaking with Opportunity Zone Funds and a few of them are looking to deploy capital for projects but have not found the right deals. I was considering doing syndication and purchasing properties ...
Chris Mitch
1031 Exchange Structuring Questions
Hi everyone, this is my first post on Bigger Pockets, but have been a reader for a long time.
I have a few questions on how to best structure a 1031 and was wondering if any of the great minds from this forum may hav...
Chris Clemptor
Rental tax question depreciation confusion
I understand that you can subtract from your tax burden on a rental property using depreciation. I also read that it's based on the house value only, not including the land. I am wondering how most people figur...
Keith Jourdan
Did new Fannie guidelines just ruin BRRR?
The max the loan can be is 75% of the new appraised value. However, the first six months the max the new loan amount can be is no more than the purchase price, closing costs, of the current property at the time ...
Scott Justynowicz
How much does my credit score matter?
Newbie here. How much does credit score matter? I’m just getting into the education aspect and looking over finances and such. Is it worth my time and money to rehab my credit report?
Lucas Rowell
Property repairs before tax season is over
Hello and good day BP family I hope you are having a great start to your day!As the year is coming to an end I am looking at some maintenance projects that I would like to do on our investment properties.-Are there an...
Ron P.
Tax Depreciation
I have a rental condo on leased land that I purchased and fixed up in 2014. Do I depreciate the full purchase price + rehab costs? Since I don't own the land there is no way to split the purchase price between land ...
N/A N/A
Tax Assessed Value
Hi Guys,
I know people dont really pay attention to tax assessed value, it is the comps of the area that is important. But since the market is soft now - you can't really depend on the comps from 6 months ago. Peopl...