I am interested in becoming a real estate investor but have been advised by my CPA that as a non pro, the tax dedications such as depreciation, losses, etc.
I do have a full time job and so does my spouse.
The 750...
Hello!
A lease agreement has just been signed by two tenants who will be moving in November 3, 2023. Unfortunately, I had put insurance on the back burner as I was navigating through finishing up renovations and mark...
Selling a house with capital gain tax potential...seeking advice on how to avoid capital gain tax besides a 1031 exchange. What have some of you successfully done? Please advise
I recently ran across Biggerpockets and immediately became hooked. I’m writing because of a unique circumstance and I’m hoping to solicit some advice from more experienced folks on how to best deal with it.Recently, w...
I have located a fire damaged S/ Family that has since been zoned for multi-family in a area that has several new properties. Project seems overwhelming, need help to execute
Can't sell our residence in MN and are forced to rent it. Cash flow is break-even or slightly negative if I rent it out. Can you help me understand the tax benefits?
Monthly outgo: $840 PITI + $110 Property Managemen...
I've been wanting to get into rei for some years now but never knew when to start, luckily I hadn't waisted to much money on guru info before I found BP. 😊 I've been watching every podcast I can find, bought @BrandonT...
I'm looking into purchasing a multi unit and wanted to know if anyone has any experience, positive or negative regarding using a property manager vs self management of the multi unit.
Hi there,
My property manager in Beaufort, SC has an in-house maintenance firm that charges $60/ hour for general maintenance. In this specific case it was installing a new doorbell, re-attaching a fan cover, and ad...
Hello everyone,
New bigger pocket member here and am looking for some advice. We bought our first investment property back in November that was built in 1900.We bought it to use as a rental property and as a buy and ...