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I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
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Curious to know you guys’ principle pay down for the year. How does that relate to the amount and type of debt you have? I calculated my net worth gain from my amortization schedules - multiplied by my equity percenta...
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Hi all in the BP community! I was wondering for those of you who utilize the real estate professional status for tax purposes what are ways you qualify for the 750 hours besides property management. Curious to hear un...
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As part of my ideology that education should be free, I will be making a monthly post (if not more often) related to real estate, because a better educated society results in better social and economic opportunities f...
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My question today is the life insurance premium we are contractually obligated to carry tax deductible. Long story short, as part of a land contract we have to carry life insurance equal to or greater then the amount ...
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How come Biggerpockets doesn't have a step by step books and webinars on how to analyze, rehab, fund, and refinance apartment deals for beginners?
I have a SFR house in a plighted neighborhood where the mortgage is more than what it's worth. I have rented it out for several years and made about 200/month on it. I currently do not have a renter in it and want t...
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With a LO can I get paid by the tenant/buyer to get them into a home if so, how would it work ? I wanted to find a home for the TB and give the seller the paperwork for the lease and option to purchase form . I ...
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So I lucked upon a four family a few years back. When it appraised, it appraised for $20,000 more than the purchase price. Though fully rented it was collecting half of what it could at market value. Minimal repairs &...
I have 8 rental properties financed through conventional loans and I’m having issues getting more. I’m not sure I want to trade up yet as duplexes and tri’s have been my sweet spot. I want to buy more properties but I...