I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into th...
Hi BP community, I wanted to see if it's possible for me to qualify as a RE professional or what other strategies are available. I know that to qualify as an RE professional for tax purposes, I must:- spend 750+ hours...
Hi all, I am new to RE investing and am currently in the research stage trying to develop a strategy to pursue. I have a healthy income and have built a solid financial base for my age. I am looking to purchase a rent...
I have had a few responses from DM and D4D. In looking at comps (recent sales using iComps, Zillow or Realtor) I truly have a hodge podge of past sales. The site iComps gives me the most past sale to refer to . The pr...
Hi everyone! My name is Brandon and I currently live in LA but grew up in Hawaii. I'm completely new to the RE game, and I've caught the bug for learning and reading about everything RE! I currently work in healthcare...
Just looking on mls website and wondering if condos and townhouses that have HOA fees are they good investments
Like most investors I believe cash flow is a critical component of an investment. However I think that the cash flow numbers on paper can at times look so attractive that we forget about the fundamentals of the proper...
Quick Background: I am 21. My sister and I inherited a house when we were very young. We have been managing it since I was 18. The house is valued at $850,000. There is no mortgage. Our current tenants are paying $3,1...
Right now we have a separate business checking account (a sole proprietorship) for receiving payments from our property manager. However, I read a post (which I can't find anymore) that seemed to suggest it was better...
How do I succeed when my husband is so against this and it keeps causing arguments between us?