Most states have a 6% income tax, so if someone is earning $100,000 per year, that's $500 per month. If you're a real estate investor in Texas with multiple properties, there is a higher property tax. Is it worth it? ...
I probably should have joined this forum a year ago, before I started looking to invest in an income property.
I bought a month ago and I'm now close to having the property ready to rent.
I'd like to submit the par...
when you have a Sandwich Lease Option.
Your T/B is ready to excercise his option.
How does this close if you don't have the funds to purchase your side (A-B)?
Thanks
Rich
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
After countless hours/days/weeks......I've struggled with finding the approach that will best suit our situation/lifestyle. We have lived in our current home for the last 3 years (25 year ammor.) and we are nearly deb...
I just sold my old personal residence and have a capital gain of 3mm. Instead of paying uncle sam, I decided it would be best to 1031 it into a commercial building. I found a local building that was built in the 70s, ...
Hello everyone, I am currently negotiating on buying a 2 unit property in my area. When I looked at both units, I asked the tenants in one of the unit on how long have they’ve been living there. They told me that the...
My General Contractor that I am using on one of my rehabs has just sent me a change order for $5500 over our initial budget. In addition to that, he is telling me that I have to pay the tile guy, the electrician, and ...
Investment Info:
Mobile home note investment investment in Scottsdale.
Purchase price: $1
Cash invested: $25,000
In negotiations with a mobile home park owner (friend of mine) who has a park in Arizo...
Good morning BiggerPockets Team!
Can anyone direct me to someone who can talk to me about self-directed IRAs/401ks and if either is a fit for me?
Thank you for any leads in advance!
Jarod