when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?

For example:

Purchase Price: $174,000
Mortgag...

I was offered quite a bit above market price (around 300K more than it's worth in the current market) on my 2 family property by a developer that is looking to knock it down as part of a larger project on my block due...

Selling real estate in south carolina and not a resident but there is a withholding tax (7%-10% of the gain) If the gain is $10,000 are they withholding the whole amount or just 7%-10% at the time of the sale? What is...

Hypothetical situation: Sale price-500kCost basis-300k-50kdepreciation =250k1-Let's say at closing I want to place 400k into the 1031 and the remainder-100k- I would like to cash out at time of closing. I'm trying to ...

So, here's a question I have been trying to find an answer to for a few weeks now:I know a gentleman that wants to sell his residential investment property and use a 1031 exchange to purchase a commercial property wit...

Hi,I'm planning on buying a primary residence with FHA loan. I found out that there is a detached in-law suite in the property that I'm looking for, which fits for rent. If I choose to rent it out, how much depreciati...

Hi guys,Can you please help me out?I am in a 30% tax bracket (not sure if this is important)I  was thinking of selling 2 rentals.1) Rental 1. Bought in 2009 for 25K, now its 100K2) Rental 2.Bought in 2021 for 145K, no...

Three years ago my wife's father bought her a townhome for 250k cash. They are both listed on title of the property and my wife has been using it and paying primary residence taxes on it. I got a new job out of state ...

Grateful for some guidance BP community--
My first property is a row house with an English basement rental unit, that has its own certificate of occupancy and is registered with the State and has a tax ID. Given that...

Greetings! Looking for some feedback on my situation: I am getting ready to close on a 4-bedroom town home that I will live in (house hack) as my primary residence. I  plan to furnish the common areas and 3 remaining ...