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New investor here
I have 2 rental properties (duplex & triplex) that I bought at the highest interest rates (8%), they DO cash flow but now that rates have softened a bit my question is when do you all as investo...
So 270k baseline in 2000 condo . Rented in year 20 (2021 ) @2350 mo-
I have what account calls "saved" credits on depreciation of 50-75k due to income exceeding 150k annual .
I /(accountant) depreciated my $270,000 ...
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I just had a dryer quit on me in a single family dwelling. This one is actually the house I used to live, so I have a bit more background on the unit. I know the dryer is over 6 years old (was there when I moved in)...
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Hello everyone,
This is my first property bought April of 22 @342,000 w/a 3.7% interest rate. I owe $320,798.76. Estimated value is about $404,379 but may not be accurate(it’s the amt that shows on my mortgage compan...
I know I can ask my tax accountant, but wanted to get a general feel for what I am thinking of doing.This home was my primary residence for 3+ years then it became a rental for the past 1.5 years.How does the capital ...
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We decided to sell the townhouse in Aug. After 3 months post there’s no good offer. How much I should pay our agent for all the efforts she put in selling this house if we decided not to sell now?
Some background he...
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Hey, BP collective. I'm looking for some advice on my situation.Said situation:
My wife and I own a SFH, that we bought in 2015, before we got into real estate investing.It is in an area that has appreciated rapidly ...
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We gound our first property that has a good chance of closing. It was a bit high in what we could leverage funds for and after we close, our options will be limited. Can the bigger pockets folks please give us some id...
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Hi everyone, first time posting here. I could use your help with the following two questions - How do I enter depreciation on my taxes if my property was used as a rental, then my personal residence, then rented out a...
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So I was cold calling today and I call up a landlord about a property that I saw sitting on a block. Long story short he owns the neighborhood and he is looking to liquidate these properties from his portfolio.
So a...