Stacey Schwartz
Depreciation value for rental in owner occupied 2 family
I'm new to this. Bought 1st home as a 2 family fixer upper last year. Taxes are in progress but I am stumped on factoring depreciation value on the rental property. How is the depreciated value calculated for an owner...
Curtis Hallenbeck
401k Withdrawal Penalty free upto $100k
Just found out I could take up to $100k withdrawal from my 401k without the 10% early withdrawal fee. Anyone else taking advantage of this opportunity? I see it as a great way to get started on my first BRRRR.
Clint Worland
capital gains tax on my short term flip?
Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
Tuee Chanthavong
First Mobile Home Flip, What to Avoid, Need Tips from Pros
Just picked up a Mobile Home in Denver suburb. 2/2 "full-gut" rehab. What should I avoid doing to this mobile home that I typically would do on a common SFH flip?A few thoughts:
It has wall paneling, can/should I rep...
Daniel Taylor
Why would seller reject offers with FHA/Repair financing?
I'm scrolling through the MLS and came across a property with a description that says "Cash, hard money or Conventional only... no FHA or Repair loans." Why would a seller intentionally limit the types of offers he/sh...
Jason Chambliss
Any hidden cost when getting into rentals ?
Are there any hidden fees or things to watch out for when dealing in rental properties. Mean like tips, trick, or fees they don't tell you about ?
Michael Nahm
Potential tenant with awful credit
I have a property up for rent and received an application from a very eager gentleman. He gave a really nice impression, has steady employment and has been renting for a few years at the same place.However, he has aby...
Christian Lawson
First Investment Property
Good evening BiggerPockets friends,
I am currently in the process of purchasing my first investment property in Louisiana. I need advice and opinions on which strategy will be the best for the deal and current times...
Hamlet J.
Should I buy a 6 unit apartment building with a septic system
Hello all,I am reviewing a decision if I should buy a 6 unit building with a septic system. The owner claim that he just invested 40k in a new system recently.The price is right and the area is good. Should I buy it o...
Greg Betts
First Fix and Flip, 1031 Exchange
Hey BP friends. It's been a long time coming but my business partner and I just closed on our first property. We're aiming to do several buy and holds but this property will be a fix and flip. My question for everyone...