New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
We are very new to investing in real estate. We have our primary residence and then bought our first STR. What is the best way to purchase more STR properties without going cash broke from all of the down payments by ...
Okay, so I own one house and rent out the extra bedrooms to friends (boarder income). It seems many banks won't allow me to use my boardsers income at all on my debt to income ratio?
Are there lenders that will reco...
Trying to find a good lender in the Houston area for a 2,000+ unit portfolio and 100MM+. Does anyone know some good lenders? Thanks
I'm looking to start a SD IRA checkbook LLC. I've got retirement accounts to fund it and start investing immediately. I was talking to a CPA about investing in their Private Equity fund.. When I told him I wanted to ...
I am educating myself on buy-n-hold investing. As part of that, I have been watching zillow/trulia listings, the BP market place, craigslist, several local property sites, etc. I have a question about short-sale prope...
If someone draws funds from the HELOC on their primary residence, and uses them to pay down the principal on their rental property, is the interest paid on the drawn amount tax deductible under the rental property?
Hi there I'm new to Bigger Pockets so I apologize if this was posted in the incorrect forum. I have been working in the commercial real estate industry for the past few years, specifically in Multi Family. I have deci...
I've been interested in getting starting dealing with investment properties for a few years now and about to pull the trigger on a property after hundreds of analysis. Before I start work full time at a large accounti...
Hello. I have been a part of Biggerpockets community for a few years. I have never made a deal. Was interested in wholesaling and flipping but never actually pulled the trigger. I read 7 years to 7 figure income. My p...