We can't decide which option is more beneficial.I have $300k to invest in a rental property. I would like to buy a single family home in either East Long Beach (3 bed, 2 bath) or in Rossmoor (Orange County - 3 bed, 2...
When initially assessing a deal, how should I account for income tax on the rental income? Without an accurate number for write-offs I'm having trouble putting any faith in my calculated ROIs.Thanks!
We had put in a cash offer on a house in Gainesville, TX. The listing price was $99k, we offered $95k. The bright side of the property was there was two potential rental income sources. There was a main house built in...
Is there a way to sell the fully depreciated free-n-clear rental property and minimize the tax liability? Except for 1031 exchange - are there any loopholes?
Maybe if the seller finances the purchase, the tax liabil...
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hello everyone,This is looking like my first deal. The cash flow is not great, but I think the equity an...
Hello, I am currently saving for my first house hack and want to figure out how I can begin to get involved in real estate as soon as possible. The market where I currently live is super expensive as most of Californi...
We have a SFH that we have been renting out through a PM company for several years. Recently, we have been having issues with the PM company involving our most recent tenant ending their lease and re-listing the prope...
Good Morning BP,Just finished my 1st module of Rookie Bootcamp, and thought I'd post here to introduce myself to the broader BP community. I, like a lot of people here, have been interested in REI for many years, but ...
When advertising for rent, I get people here and there that ask if I accept tenants that receive Section 8 assistance, am I even able to say no? I guess you could say no on the basis that property isn't section 8 appr...
I did a search about this subject and there was a post from back in 2014, but nothing recent. Worst off, there was a link with an example on how another company posted the minimum qualifications for pre-screening on t...