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The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
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Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...
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Okay, so I built a brand new home in 2013. Before I even broke ground my home was appraised at $161,000 on paper. I made some major modifications and some huge upgrades to my blueprint. I now have a new metal building...
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So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
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Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...
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Hi All, I'm interested in trying out crowdfunding for value oriented real estate deals. From your perspective what are the best crowdfunding platforms? Anyone ever used Crowdstreet . com?What others have you used an...
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Hey Team - I am looking at lots for my RTR build, and I have found a very nice lot by a huge canal within the "Gator Circle" area. Our Realtor/Partner (from the development group) has mentioned that this area is curre...
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So for if i was doing a triplex living in 1 unit then another unit 2 years each could I take advantage of 4 yrs of 5 yrs moving from one unit to another with the sect 21 cap gains exemption? so 2/5 years in one unit a...
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Hi BP,
I figured I would appeal to the collective intelligence of my fellow investors.
Over the last 2 years, I've built a small portfolio of single family houses, duplex, triplex, and 4plexes. We have done BRRRs...
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I have 5 rentals in the Atlanta and Tampa area. In total they are worth around 1.2M and I have debt on them around 260K. I have talked to a Loan Broker about doing a cash-out refi. We first talked about a portfolio ...