Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...

Hey Guys, So I’m a noob & trying to learn everyday. What I’ve been trying to understand is how Real Estate is so great for taxes. I’m planning on getting a rental property & was wondering what tax benefits do ...

I have two W2 jobs. W2 income is total ~300k/year. I already co-owning a duplex, but the VA loan is under my friend's name, so I don't think I can quite deduct that yet; I have helped with furnishing / renovating one ...

Long time lurker, first time poster… let me start by saying a big thank-you to everyone here for what I’ve picked up over the last few months – very valuable resource. Sorry for the long lead-up to the question…

I’...

I am new to BP and I am thinking about buying a new home and renting the one I am living in currently. I have never rented a home before and not sure of how to go about it. Any information I can get would be helpful. ...

Hello, i'm purchasing a rental out several states away and I'm want to buy the property in a LLC's name. Is there a way to do this online or do I need to go through a lawyer? How much should I expect to pay to do this...

My question is in regards to the effects on a reassessed tax value on my rental property and if/how that changes my yearly depreciation. The tax value on the house actually went down in a recent county reassessmen...

Hello,

I was presented with a problem recently and am stuck in finding a solution.

A friend of mine was given control an appartmet complex by his father last year and he does not know what to do with it. He has no...

Hi All,I'm new to BP and REI so here's a little bit about myself. I started out a year ago on the BP forums, podcasts and reading books. I fell in love with the idea of REI so here I am. My wife and I bought our first...

Hey all - first time posting, but thought I'd seek advice on a condo that I own and rent out.  This studio/junior one bedroom used to be the primary residence for my wife and me, but with a baby now in the mix we move...