Hello BP Community,
Quick question on leverage. Say I purchase a home in need of rehabbing for 100k on a block where homes usually go for 250k. I put down 20%, $20,000 down leaving me with equity of 20k. I rehab the ...
Hi there from Norcal,Im a super green investor and buildinv up all the tips I can get before I hit the streets to make my first offer. Any suggestions will be highly appreciated. Thanks!
I'd like to find out if there is a maximum amount of mortage interest that one is allowed to write off of income taxes in any given year.
I'm a newbie and here's my situation:
I'm a farily new lawyer (48 yrs old, un...
After making a decent 60k profit on a 6yr first home live in self-rehab, we came out on top just doing what we enjoyed. Now with degrees, better paying jobs, and a new state we started out in a rental. This is the fir...
My brothers and I have been wholesaling for 1 year however we want passive income. We have made the decision to go into multi family syndication with the money and experiment we gained after a successful first year. W...
There is a medical office unit for sale in my area. How do I analyze whether or not it is a good deal? Since it is a commercial property, would I look at comps or cap rate? Is it similar to analyzing a multi unit or a...
Looking for thoughts on or ways that REI's use for leveraging their rental income stream. I understand rent first goes to the mortgage, then the management of the property and its bills. I also believe in having the ...
Hello everybody, this is my first post so if I am posting in the wrong section or I sound silly, feel free to let me know.So my situation goes as follows, my mother would like to retire. Currently my parents purchased...
I've setup an S Corp for my business and am wondering you can help me identify what tax deductions I should assume at the employer/corporate level? FICA, State Income Tax. Is there anything else that I should account ...
There's a lot of vague information out there...I'd like to post this in an attempt to generate some answers that everyone can ultimately reference.
(Assuming you're under 50 years of age)
Roth IRA
Income (AGI) limit...