I recently read somewhere, I think in Edelman's book, that if I bought a property for cash and then took out a home equity or some kind of note that the interest is not deductable versus if I purchased the property st...
Hi Everyone,I am newer member on Bigger Pockets. Thanks you all for all the help an advice.I just had an offer accepted on a property in Grand Rapids. I currently live in Denver Co and will be moving to Grand Rapids ...
Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...
Hello all,
I have about $400/month leftover after holding costs from my house hacked triplex each month to put towards maintenance, turnover, and capex. It seems ridiculous to let that money sit in checking or savin...
Im about to have a wholesale deal tomorrow, she agreed on 120k and the listing of the property was 170k . How do i go about it? Btw i just started this. Its a realtor that im working with, and shes asking if i would w...
- Lower property values- Everyone is mad- Board credibility is shot- Owners stop paying dues- The cycle repeats
So I made a bad decision to rent to family. My sister in law has been renting from my wife and I. She lives in one unit of a duplex with roommates and we live next door in the other. We have been going into each other...