![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/798304/small_1694708922-avatar-davef44.jpg?twic=v1/output=image&v=2)
Hi, all.I can't find an answer to this anywhere--not just on BP, but by a wider Google--and would be grateful for any insight.We own/live in a 2nd-floor condo, and have a large balcony that we don't use for anything. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/915853/small_1621505496-avatar-terrancer4.jpg?twic=v1/output=image&v=2)
View report
*This link comes directly from our calculators, based on information input by the member who posted.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/272917/small_1690659166-avatar-andyh2.jpg?twic=v1/output=image&v=2)
For those of you in the flipping business. Can I pay myself for work done on a flip? I am looking for tax write offs to help reduce capital gains for profits made on a flip purchased in late 2016- and sold in early ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/771516/small_1621497042-avatar-lorap1.jpg?twic=v1/output=image&v=2)
Hi. I have my first rental property under contract. There are 4 rented units. There is a 5th unused unit in the basement, and it looks as if it hasn't been used in a long, long time. Should I fix up the 5th unit and r...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/430716/small_1621476310-avatar-andrewk83.jpg?twic=v1/output=image&v=2)
Hello All, Ever since I had realized that the 10% rule for CapEx estimation is not always a good estimate, I've done my own estimations as to how much money should be allocated for CapEx in the Los Angeles metropo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2657275/small_1694893679-avatar-steveng397.jpg?twic=v1/output=image&v=2)
I am a brand new investor like very new and i am looking to do my first flip. I am finding out very quickly that there is A LOT of things you have to know if you want to be profitable. A a basic starting out foundati...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/243942/small_1621435780-avatar-robyncoady.jpg?twic=v1/output=image&v=2)
I find myself in an interesting position. I'm a total newbie with access to a million dollars. I know it sounds ...well, actually I have no idea how it sounds. A million dollars might sound like an outlandish sum of m...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/612517/small_1621493797-avatar-mattd91.jpg?twic=v1/output=image&v=2)
Hi Forum,I have a complicated tax situation and am looking for general guidance or a referral to a real estate accountant in California who can help answer.Facts:The property is a California residence appraised at $3M...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/12593/small_1621350178-avatar-bsm.jpg?twic=v1/output=image&v=2)
Whats the most diffucult thing to do when you don't have any money and you want to invest in real estate ?
Whats the most diffucult thing to do when you have money and you want to invest in real estate ?
What ques...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1228749/small_1621510440-avatar-najatf.jpg?twic=v1/output=image&v=2)
Hello Everyone,I closed on my first 3 units family investment property yesterday.House is located in Providence, paid 320K, property in great shape and has character. There are 2 bed 1 bath units, the units have large...