Rick Beno
An interesting liability question
I have a wonderful family living in one of my large single family homes. A few weeks ago the tenant informed me that her mother (who lives elsewhere) had taken a fall and broken her hip. The mother would be in rehab...
Sam Josh
Calculation of Capital Gains
How are capital gains calculated on investment properties? Is the tax levied on Selling price minus purchase price or does the seller get exemption on selling costs such as broker fees?
For example I buy a property ...
AJ D.
New Construction - depreciation
In terms of depreciation - what happens if your new constrution build ends up being more than the original loan amount?For example, I initially had my new construction build assessed at $400k, however there were some ...
Alex Buffone
Garage conversion project manager fee
I have a property in a college town, I am converting the garage into two bedrooms and a bath. My property manager is going to act as the GC/project manager for the project (he is certified and has insurance). He is ch...
Wade Stahle
Wholesaling... 2 P&S Agreements?
Hi BP,When one is doing a wholesale deal is all that is needed contractually 2 P&S agreements? One from seller and one from buyer, then double close at the title company?
Vida Nielan
ADU vs STR Addition in Beach College Town - Howe should we start?
Hi-
Our family of four owns a two-bedroom in a great long-term rental/short-term rental location. We want to create extra space and build rental income. I would love input on these two options
600 second story squar...
N/A N/A
Net Operating Expenses
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
Gautam Venkatesan
Solo 401K and UBIT
If I plan to use funds in my Solo 401K to invest in a turnkey rental property (meaning a property that is rehabbed by a 3rd party, purchased by my 401K, and managed by a 3rd party) is that considered a "passive" in...
Jarrad Henry
Do I have a bad realtor?
Hi guys,Trying to determine if I should reevaluate the relationship with my realtor based on what I am considering some neglect and critically bad advice.I just cancelled a contract on a property in Antioch. 3/2 baths...
Robert Silvernagel
Passing rental expenses through to the landlord
Hi biggerpockets community! I come to you seeking sage advice yet again. So here's my situation. I'm currently handling all management of a friend's downtown Seattle condo via Airbnb while he's living abroad. Things h...