Itay Heled
Section 8 fair market rent chart .how far is this number from reality?
Hello members !I have a 3 BDR one bath house in Maple Heights Ohio that I am considering renting to section 8 tenant .CMHA chart for the house zip code showing a max rent of around $2000 for 3 bedroom.I know market r...
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Investing in future eminent domain area?
I have just learned through a conversation with city hall that a portion of my target neighborhood is going to be involved in an eminent domain buyout at some point and it will be rezoned as light industrial. They can...
Elizabeth Colegrove
Depreciation Value: Personal to Rental
I remember reading that you could either depreciation from the sales price or the current market value if it has been a personal for awhile. Does anyone know what pub or the irs link?
Mark Forest
Help with renting to family members
My father is almost 90 and is having both mental and physical health problems. We own the house next door to our personal residence, and it is currently vacant as we do some finish work to it. If we rent the hous...
Kyle Rosseau
HELP: FHA Appraisal Issue - Projected Rents
HI BPI am in contract with a 4 Plex in Oakland CA. We are about to close and just got notice from the appraiser that the current rents are projected to be $4,400. Apparently the FHA loan has a self-sufficient guidel...
Dominique Long
Filing for Rental Tax
Hello, I’m getting ready to file my taxes and add in my rental income. My tax advisor is saying that because I rent my two properties below fair market value that the IRS doesn’t count my rental income because I’m not...
Account Closed
Flips that turn into holds
What is the best entity structure for a business that buys then sometimes holds and sometimes flips? It's not always easy to know ahead of time if you are going to keep or flip. So it would be nice to just have both...
Jimmy Alexander
LTR investing advice on low market rents in NEPA
Hey Biggerpockets family!So I'm looking for some advice from investors. Im currently actively looking for LTRs in NEPA and I keep coming across the same setback that is making me second guess potential investments. Im...
Horacio Gutierrez
Inherent home depreciation
Hello,If you inherent a rental property can you still depreciate home again or wont because it was inherent and also if you can depreciate what will be new basis of the home is the fair market value of the property wh...
Martin Sterling
FSBO Price Fixing in a Local Neighborhood
Quick Question,
If a bunch of homeowners did FSBO listings of their properties in a particular area higher than the previous Fair Market Value, could that change the Fair Market Value?