Tyler D.
Best ROI for expensive primary residence?
I'm a veteran and have the unique opportunity of not having to pay property taxes on a primary residence of up to $2.5m (in Cook County). I am debating the best way to take advantage of this.The most obvious would be ...
Carter Mezzio
House Hacking in an Expensive Market?
Hello BiggerPockets community! I am posting a question to much more experienced investors today, as I am a newbie hoping to purchase my first property soon at the age of 20, about what strategy works best given my mar...
Jarrod Willis
Flip Analysis, Budgeting, and Expense Tracking?
We are looking for a program to help analyze deals, create a detailed budget, and then track our expenses for each project. Currently using excel with multiple spreadsheets and box.com to keep expense records, needing...
Justin Reagan
Expected Expenses as First Year Agent
Hi everyone,As the title says, I am curious how much in savings I should have to pursue becoming an agent. I have a W-2 making around 55k per year, but work the hours of 3-11. Ideally, I would start my real estate car...
Teri Khimani
Looking for useful expense tracking spreadsheet
Hello All! My husband and I just purchased a property that needs some work and am looking for a useful expense spreadsheet. Something that will help keep track of all expenses and help to stay organized during the ren...
Abe B.
Expensive property with high cash flow
Hi, I'm just starting out and looking at a property in the 2 mil range with 10 units. It is a historic building in a Class A+ neighborhood. The property can pay the mortgage and opex, but doesn't provide any return on...
Marcus Auerbach
Expensive Window Replacement - Is This Acceptable?
We are under contract on a nice house with brand new windows. At a cost of nearly $4,000 per window, I am not sure how I feel about their caulk job: they replaced the old oak trim and installed new white trim and whil...
Kaylee Walterbach
Is HELOC interest a deductible expense?
Hey! I used a HELOC for property expenses. Is the interest on that HELOC a deductible expense against that property's income?
Tzvi Nussbaum
Excess Business Interest Expense 163(j)
I recently reviewed my tax return for 2018 prepared by my CPA and noticed that the amount deducted this year for depreciation was significantly less than years prior. He used the Excess Business Interest Expense form...
Nick Causa
Too much set aside for expenses?
Hey all, my wife and I have been looking to get into a multi family and house hack closer to work. I don’t know if its because we live in an EXPENSIVE area or because we’re trying to FHA a multi so the monthly debt se...