BP Community,I love the fact that everyone here on BP knows that it's not about just making more money/cashflow/appreciation, but saving/cutting costs/increasing efficiencies really help your bottom line. It also help...
From my mentor: In 2002 I did my first ever refinance on a cluster of 17 rental units I owned in TN. Interest rates were LOW. So I got into a longer term, lower interest rate mortgage and got cash out of the deal to...
Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle
I think that the rule with a 1031 exchange is that you can not live in the property for the first 18 months. However, I'm buying a property that needs major renovations. I've been told that I can stay in it while reno...
Hello. I have a home that I live in but I also collect rent from. I rent to my children. We are looking to purchase another property. We are in the Bay Area (California). I was told I could not do a 1031 Exchange unle...
Hello Bigger Pockets Community!Looking for some advice on renting out my primary residence. The property is currently held in my personal name and wanted to see if it is best to Quit Claim this into my business name p...
I'm looking for someone awesome! We already filed our extension, but would like to get some money back. We've used a couple different people in the past, and they were just okay. We've got a few properties, my husband...
Hey Everyone, So I need some advice, as i'm in a very difficult decision making point in my life.I currently have approx. 9,000 in my savings. My goal was to save 14k by the beginning of March '18 (when my lease ends ...
My wife and I are self employed and run our current business as an S-Corp to save on self employment tax. We are wondering, since we will be starting out small, should we buy real estate under our current business? ...