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Inevitably, popular posts will start to have several conversations going on in one linear fashion. By the time you see someone replied to your comment, they could be several comments or pages down. Other users can't f...
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Hello Fellow BP investors! I refinanced a property last year and my accountant now tells me the interest that I pay on the new loan is not tax deductible, due to the 2017 Tax act and new interest tracing rules added....
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Hi, Looks like taking out HELOC to purchase additional investment property is not as beneficial any more (still beneficial! just not as). The interest paid on HELOC to purchase investment property is no longer tax de...
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I am lending money to a developer and the agreement is a lump sum payment based on participation of profit. As I am currently on the deed my repayment will be noted as Interest Income and received on a 1099.Does it ma...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $282,500
Cash invested: $15,000
Sale price: $355,000
Two Bedrooms are upstairs with full bath. 1/2 bath downstairs. Enclosed ...
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Hi All, I'm sending out a lease renewal letter to my tenant soon. I'm considering reducing the rent in exchange for a longer lease. We have a really good tenant. The current contract is $1400/month for a one year leas...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $65,000
Major fixer, still deciding whether to rent or flip when complete. ROI will be huge...
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Hey,Looking for alittle advice on my situation. Me and my fiance purchased a 2 family house last November using an FHA. Purchase price of the home was 699k and we put down 10%. Interest rate on the loan is 7.25. (We b...
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Great news for the horrible BSL in Maryland (and Baltimore).
Take a read, as this affects us landlords as well regarding liability:
http://www.huffingtonpost.com/2014/04/03/maryland-pit-bull-bill-_n_508...
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Hey!Richmond/SugarLand Area (Houston), Tx is where I call home.My dad (forced me to, but thankfully) had me read Rich Dad Poor Dad at the age of 10Since then I have opened up: A snack shack for all my street friends (...