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Hi everyone, I recently closed on my first rental property and I'm curious about how to track closing costs correctly. Do they apply as "miscellaneous" expense (which I can deduct when I file the taxes of the current ...
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An FHA loan is a government loan through Fannie Mae that is mostly geared towards first time home buyers. Some lenders vary on minimum credit score, avg being a minimum of 620 credit score3.5% downDTI ultimately up t...
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Hello BP members, I was just looking into Denver's new licensing requirements for landlords. Which can be found here: https://www.denvergov.org/Government/Agencies-Departments-Of...
Do any other states have these lic...
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Hi BP! I want to keep my current properties with low interest rates locked but need to buy a property for my primary residence. I don’t have enough funds for downpayment for that. Would you recommend to draw some mone...
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Hello all, I recently bought a multi family home in East Boston. I’m curious if the “rent control” Michelle Wu speaks of were to pass would it be city wide or certain neighborhoods? Any predictions on what some of the...
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So I just paid a $10,000 tax bill. Here's the background.
In 2010 my wife & I bought a house. We qualified (or so we thought) for the $6500 tax credit.
I was a "long-time homeowner" and thus qualified for the ...
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We just received a letter for a new proposal by our local city government wanting to inspections on all of the rental properties, for a fee of course. My question, have any of you encountered this and if so, what has...
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I am hoping to hear from someone who has experience leasing their building on a NNN under a government contract/program (i.e., Department of Corrections, Department of Veterans Administration etc.,).Anyone??
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My agent just emailed me this news. "Lawful source of income" is now a protected class. Just a heads up to NY investors. I could see a lot of discrimination lawsuits because if this. My local craigslist is loaded...
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When obtaining an interest only commercial real estate loan, why are there penalties associated with paying the debt off early? What are the pros and cons of both sides and why would anyone do it ? Or not do it for th...