Hello BP,
I currently live in Florida and have 1 rental property. I joined BP about 1 1/2 months ago and just signed a contract to close on a sfh in Houston, TX pretty excited about that.

Now I'm looking at a couple...

Hi All,I am currently having a debate with my partner regarding cash on cash targets. Currently we are targeting 20% cash on cash returns after mortgage. Our previous experience has been with SFH and we find 15%-20% a...

Hi everyone!  As a total newbie, I'm trying to figure out this game and am confused about how much and when do you have to pay income tax on a rental property.  If I collect $1000 in gross monthly rent, that's $12,000...

We're starting our flipping business this year in order to fund our buy and hold strategy. And I understand that income from rehabs/flips is taxed at the highest level. However, we intend to use all profits for the pu...

Hello all and thank you in advance for any help and info you might offer.  My wife and I are new overnight vacation rental owners of a cabin in Gatlinburg, TN.  We just closed out our first month of rental (June) and ...

Hi everyone I’m researching taxes on income tax for a rental portfolio. I see opportunities for a 200k multifamily which equates to 1300 a month mortgage/property tax. The rent for one of these in the same area is aro...

Hi,What will be the approximate tax liability if I have the following situation?1- Rental income from house #1 = $12,000 Mortgage paid = $90002- Rental income from house #2 = $4000 Mortgage paid = $3000Assume I ...

When initially assessing a deal, how should I account for income tax on the rental income? Without an accurate number for write-offs I'm having trouble putting any faith in my calculated ROIs.Thanks!

Hello BiggerPockets.I'm pretty new to the real estate investing business. I do not currently own any properties. My aim in to obtain 2 rental properties in the next 12 months, and scale up as I go alone.The issue (a g...

So, i have a primary residence home(owner occupied) which I rented out room by room. 60% of the income generated from the rents was used as expenses and I have receipts for those. Can I show those expenses as write off?