if a property is quit claimed to me do I get the tax write off benifits when I fill my taxes?

Hello,

I'm new to real estate investing and had a quick question:

Does buying at 70% of retail house price always apply?

I'll try to be as succinct as possible.  I have a question on a couple of options on how to structure our first deal.We're buying our first property, a duplex, from a friend.  My friend must walk away, after everythin...

My wife and I are in a interesting position and are exploring 2 different options I would appreciate any help. We Currently have 2 income properties, one long term and the other is a Airbnb rental that has been a home...

I have always read that you should never take over a rental property where the landlord/owner pays the heat & hotwater. What has the experience on the board been?? Has anyone ever taken over a small multi-family...

How to figure out what tax bracket you’ll be in during retirement? For example, let’s say a single person makes a 100K per year on W-2 right now working for a corporate world.  It’s taxed at about 25-30 percent, right...

Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...

Hey guys was wondering if I could get some feedback on this property! This would be my first rental property and if not its great practice!Listed price: 250k   Financing plan FHA 3.5% down payment. Property currently ...

Hey BP Community

I had a question regarding the EIDL loan from the SBA.

Business partners and I received an email from the SBA notifying us that our business (non RE related S-Corp) is eligible to receive an inc...

Hi everyone!I'm a Brit, living in the middle east and am married to an American. We have secured financing from the middle east in order to invest in my wifes hometown in Indiana, so from the buying point of view, we ...