I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit?  (this is in...

Hi everyone, Thank you for taking the time to read about my situation and give me advice. My goal is to bring in 16k per month with my buy-and-hold properties. I plan on living on 25% of that and using the additional ...

In general should I reduce next month's rent if I owe a tenant for expenses they incurred or should I write them a check?  I am thinking of record keeping and tax implications.

I'm new to investing and i know i have to have money of course. My question is as im saving money to invest how should i save it so that it grows quickly. Savings account, IRA, 401k, bonds, mutual funds?What are your...

Hi All,Is it realistic to underwrite a 4-plex the same way as you'd underwrite a small commercial multifamily property (more than 4 units)? I've been using Michael Blank's Syndicated Deal Analyzer and was wondering if...

Hey everyone, I need a little advice on a property I'm attempting to get under contract. The property is located in an AE Flood Zone. Apparently it has flooded a few times and the flood insurance is a little high beca...

How do I know what's a good commercial deal?

Hi everyone, I'm new to the biggerpockets website but have followed the podcast for several years. I just got engaged to my fiancé, who graduated college in May and has a considerable amount of debt. How would you use...

Hi BiggerPockets Community!
I'm excited to be here and connect with like-minded investors! My name is Tyler, and I'm currently a college student who recently landed a unique job opportunity starting in June 2025. For...

Hello! I bought a house in Tinley Park in 2021. Current mortgage is 1748. Interest rate is 3%. I have renovated most of it  (new hardwood floors, removed walls, paint, new banisters, furnace, roof, HVAC, cabinets, app...