If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...
I have an S-CORP that I run my video production company through.
I am planning to start an LLC to purchase my first investment property.
Question 1:
Can I use excess depreciation from that property to offset taxes...
My fiance and I are considering purchasing 1712 N Pine St, San Antonio, TX 78208. Our current situation would require us to first rent the property before officially moving in. How should we go about deciding how muc...
Interested in development of multifamily residential and eventually boutique and/or luxury hotels. Currently own two rental properties that me and my wife have rehabbed and rented out. Background in architecture and...
would it be better to file BK before or after foreclosure? Have a house trying to buy in a short sale and the seller has come to me telling that she is going to file BK. any advise? Bank is taking a long time with the...
Hi Folks, We all know about the unemployment rate, the stress out there, hear in the news about tenants not making rent, taking forbearance on thei mortgages.There's a financial risk rating system that lenders use, ...
Hello BP community! I am a first time landlord that owns a duplex in Denver. I live on one side and rent the other side out. After purchasing the property at the beginning of 2020, I did my due diligence to screen and...
Hi all, I'm new to Bigger Pockets and this is my first post. I'm a seasoned virtual real estate investor (landlord) and probably like many of you, I'm seeing and hearing more and more about rising vacancy rates (New Y...
Hello everyone,
My name is Brandi Klein. I am a local truck driver in Ottawa looking to get into the real estate world with a couple rental properties. I have has some job losses in the past causing me to not have th...
I’m trying to get started on wholesaling in Reno Nevada but I have a few questions if anyone can answer them it would mean a lot but besides foreclosure homes what other type of homes can I put under contract to sell ...