I'm curious how I would treat gains if I sell my primary residence taking into the account that I rent part the house out. Additionally, I'm wondering if there's anything differently I should be doing now for taxes.S...
When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?
It makes sense to me to pay half be...
Hey guys,
I couldn't find any post similar to this topic.
Basically I have been approached by an agent and a contractor to partner up with. They both have outlined a basic split but wasn't sure if this is fair for ...
This problem only applies to the Refinance portion of the BRRRR process. I am having trouble finding a lender who will finance a 30 year loan on a SFR rental property. However I have talked with a lot of small banks a...
Hey all,New here. I am hoping some of you can help provide clarity to my situation. I currently own two homes. One is a rental with about 40K in equity. The other is our residence with 75K equity. I am in my earl...
Hey BP community, one of my rentals in Atlanta recently had a broken pipe caused water damage, it has been fixed. The inspection and fix took a few weeks. The tenants are asking for compensation because they couldn't ...
Hi all,
I am wondering if I can receive some advice from experienced investors when it comes to purchasing older homes in the Milwaukee area. Obviously, there are a lot of homes in Milwaukee that are very old. Howeve...
Dear all,I am readding NOLO's article referenced at the end about how new Tax Law changes 179 expensing.Do I read it correctly that I can write off a car cost (new or used) 100% using 179 expensing?My scenario:- Me an...
My buddy is considering buying a duplex, living in half, and renting the other half.
Would he be able to deduct all the interest paid on his mortgage, or only half because the other half is a rental?
Thanks in adva...
Hey all,The news that St Louis, Missouri is the #2 hot market according to Realtor.com has been generating a lot of buzz - my investor clients and other people working in RE keep telling me they're seeing the news all...