New investor alert.!! I am buying a duplex in a small city in Northeastern Pennsylvania (Lackawanna county) , Current tenants are both on section 8 vouchers and rents are FAR below market rent rates. Both tenant leas...
Hi all! Newbie here….Wondering about the pros/cons for cost segregation. Purchasing our first STR, a 2/2 ski condo for over 400k. We got hammered in taxes last year due to our W2 income, so looking for ways to offs...
So I’ve heard all about the issues that can come from accepting a section 8 voucher that only partially covers rent – the tenant is only responsible for $50/month, but still won’t/can’t pay it, and you wind up either ...
Hi All,
If a partner and I own free a rental property free and clear, but my half was purchased using a SDIRA, what happens if we want to refi the rental to pull money out? Are we still stuck w/ a non-recour...
Hi All,
As an active investor in syndications, I'm curious to hear about recent performance across the community. Are your deals performing well? Any paused distributions? Capital calls? I'd love to get a sense of h...
BP should get a way to make people participate more in answering questions
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
First off, I’m a true believer in the saying “If you have a dream in life, you should seek and follow the path to obtain it!” In late 2006 we saw the real estate bubble come into play and wreak havoc on the housing in...
I've been on this site for ten years, providing honest feedback to people, and today, for the first time that I am aware of, some moderator removed my posts in a forum where the OP was calling me names in every one of...
I did a quick check and there have recently been over 500 people (within the last day) people on BP. Most topics have 5-15 main players comment back and forth and a variety of lurkers that just view things.
How can ...