Drew MacDermott
Duplex in Lebanon, NH
Good afternoon, fellow BP'ers!My wife and I have lived in the area for a year now and I have interested in purchasing property due to two factors - 1) Dartmouth College next town over and 2) Dartmouth Medical Center j...
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
Hey All- I own a small apartment complex in a two entity LLC and am wondering what the tax implications are for a cash out refinance. I have done a lot of these for my own portfolio, but am wondering if the tax impl...
Mark Hegele
tax on mortgage principal reductions
I own some small assisted living homes for the elderly. Is the principal reduction on my mortgages each month considered taxable income? And if so at what rate?
Nik Moushon
Expenses to consider for new STR?
I'm am running number on a property that I am looking at buying and building a small cabin on. My plans for the cabin are to be used by the family and be a STR when we are not using it (80% of the time). So half the t...
Alex Ballas
Business Expenses vs Real Estate income/expenses
I will have 2 rental properties, each generating income and losses. Can I deduct my business expenses as a real estate investor (car, office expenses, business meals, computer, etc) outside of the profit/loss sheet f...
Russ Marlborough
1% Rule on off market Duplex Deal
I am currently running numbers on an off market deal for a duplex in my area. I am using the one percent rule but would like some clarification on when I should run the calculation. Does the 1% or 2% Rule come into pl...
Yishi Pan
Rental Buy and Hold Analyze
Should I aim for more Cash on Cash ROI since it is my property or this would be a buy?Will there be any other for see monthly expenses that I may not have taking into consideration? Monthly Income: $2,200.00Monthly Ex...
Jimbo Rocks
Rental Real Estate Loss Allowance?
Our AGI is over 150K. I realize there are incentives to owing investment property but is there any tax incentive when you make over 150K? I can no longer claim my loss from rental properties. So is there a tax advan...
Kirby Davis
Property Sale Ground Lease Leasehold
I have no experience with ground leases, so I’m seeing if anyone can tell me the issues with this opportunity. Apartment building for sale, 12% CAP, triple net, leased (leasehold) to an educational institution and use...
Shawn H.
Unique Owner Occupant / Roommate Situation
I have a unique situation that I've been trying to come up with the right "Lease" or "Roommate Agreement" for. Hopefully this is the right forum.
My live-in fiance is still fighting a nasty divorce that just won't g...