John Warren
Drop the price to sell?
Hello BP community,I am currently in the process of selling my own home. My wife and I have rehabbed it over the last three years, and now we are going to sell and use the profits to house hack!The house has been on t...
Jacob Stark
Renter offering 12 months up front
We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but...
Jim Herbst
Contributing to 401k or 403b or ROTH vs. Saving for Down Payment on Investment Property
I have been inspired by the podcasts and insight on BP and appreciate how a LONG-TERM buy and hold approach (my niche and strategy) can lead to quite significant 'passive' income streams over time. I also understa...
Lou M.
Should I borrow or use own money?
I've been told that having too much equity in rental properties is not good. But I have resources that are not working for me. We all know what banks are paying in interest these days. The stock market is too risky. S...
Cara Lonsdale
Depreciation - What the heck??!
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Shaun Ng
Kid going to college - RE strategy options?
My daughter is going to college this fall. I'm exploring RE strategies in her college town for the next 4 years and potentially beyond. I can't seem to find anything in past posts. Options that came to mind:
1) buy a...
Greg Ford
Can I use 100% Bonus Depreciation as alternative to 1031 Exchange
Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
Account Closed
How are investors preparing for SALT cap of $10,000 now
The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
Aamir Shah
First deal analysis for Kansas City turnkey
Hello, Real estate investor noobie here. I have been eying this property and wanted to run the numbers by you to see if this is a good deal.Things to note:Address: XXX NE Weather Vane St, Lees Summit, MO 64063Class A ...
Mark Senecal
Notes in an SDIRA
I am new to real estate investing and still work a full time job. I don't have much time or energy at the end of the day so I need something passive.People have been recommending notes to me. I don't know very much ...