Good Evening BiggerPockets,
Last year I bought my first major rental property with my VA loan in Roscoe Village, Chicago, IL. The property had already been rehabbed for the most part but was not fully occupied. I hav...
I recently found out about a real estate investing mentor group called Lifestyles Unlimited based in Texas and decided to do some research on it. I came across a thread on this forum about the company from 2008 and ve...
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Looking to understand how one is able to pay less tax via rental income and at the same time keeping more at the end. Thanks in advance!
Hi, I am using Turbo tax to file K1 form, the NC state tax is filed as non-resident alien. I had a passive loss form the syndication, I am not sure whether I should input 0 or the actual loss number in D-400 Schedule ...
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
Hello everyone. Thank you for taking the time to read my post. I've got a question regarding a triplex I own and would appreciate suggestions on what I should do with the property. Here are the basics in regards to th...
There are many schools of thought out there regarding asset allocation... There are hardcore Real Estate Investors that will only invest in Real Estate and hold cash reserves, and there is a substantial part of the FI...
I am looking at a property, that is worth about $130,000 to $150,000 depending on how much I end up putting to remodel the place. It's on .36 acres of a lot with 1,366 square of single family unit. There is a pond beh...
How much cash flow should I be making a month off a rental property for it to be worth it?