Hi BPers, after waking up from the megamillion lottery dream. It's time to get back to RE investing. I've been following the house prices in Essex County, Union County, and Middlesex County. I see the prices have drop...
I have a quick question about the rental calculator on the tool section of the website. Was just wondering how come capt ex, repairs, and taxes are not included in the final analysis. Is there a reason for that? Do...
Question about 1065 alert asking to report dispose of property since 2017 1065 reporting will be the final. We are a dissolving residential rental LLC.Background:I have 2-partner (50% - 50%) LLC for a rental property...
Hello! I’m excited to finally be on bigger pockets.com. I’ve been listening to the podcasts for awhile and finally decided to hop on here.We bought a house out here and it has appreciated very well- about 100k above w...
In april 2009 a LLC Partnership was formed (50/50) between two siblings. The Partnership was dissolved June 20, 2011 with one partner (myself)selling their membership interest/share in property to the other. The rem...
Anybody have experience with dealing with a seller that refuses to sign final closing docs on a property and going through the legal process in TX. Back story: I have a 4 plex under contract for an FHA 203k loan that ...
In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...
Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
My Ex-Wife and I are finally selling our apartment which we bought when I was stationed in Hawaii. She has been living in that apartment for over 8 years now, but since then I have moved back home to MD. I have rece...
Hi All, I am trying to figure out the best way to fund a potential deal. My company awarded me some stock a while ago which recently vested. I didn't want to get hit with major taxes if i sold it. Is there any way to ...