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Based on the proposed Tax Reform with the substantial increase of the Standard deduction would it make more sense to refinance my investment properties as a cash out and payoff the mortgage on my primary residence. It...
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I am investing in my first rental property and need help navigating a few basic questions:- If I make improvements to this rental property, how is it taxed? (Is it considered expense and can be deducted at one go? Is ...
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Hi all,I'm at my whits end, and hoping I can get some help here. I'm in Texas and on Oct 6th, I purchased a 4plex. the title company ran their numbers for taxes based on 2016 and use that for 2017 even though the esti...
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Have Empathy for your Landlord. We all get it...receiving news of a rent increase can be frustrating for a tenant who's balancing their own financial responsibilities. However, Landlords face even greater cost pressur...
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Hi there, I'm new to BiggerPockets but want to start leaning further into Real Estate to build assets. Currently I own 2 properties, a condo and home. Regarding the condo, I've been debating whether or not I should pa...
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I had a discussion with an investor friend of mine the other day over self managing my multi family properties( right now 6 units) because I know no company will maintain my properties like I will. His suggestion was ...
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Hey everyone!I have a simple question. How do I find out my freedom number? AKA to find out how many properties do I need to achieve financial freedom according to my standards? Like what is the formula to figure this...
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Hi BP,Can someone help a newbie piece together the story behind the note data below? This is just a learning exercise for me, I don't have the education or background to seriously consider investing in NPN's, but I'm ...
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Hey everyone - I'm trying to learn more about the challenges of utilities management for landlords. Does anyone have any pain points / challenges that they'd love to share?
For context, I'm currently doing research o...
Which home renovations will boost your property’s value and put you in a better position to sell? Or, if you’re not selling, how do you rake in even more equity during a hot housing market? If you have some time, a bi...