I'm reading through "Real Estate by the Numbers" -- awesome book! As I'm modeling out my second STR, I look forward to taking advantage of 80% Bonus Depreciation for tax year 2023, and claim that against W2 income.So ...
I am currently wrapping up my fix and flip and wanted to look at refi options in Atlanta , GA. What’s the best way to go about it. Also what’s the benefit of refi vs sale
The situation is as such,
Seller owes house free and clear
Seller is offering me 100% seller financing
I'm going through an attorney to get the mortgage note and all paperwork together.
Will the seller be responsibl...
Really interesting article on the tax haven of South Dakota. Any thoughts on how this applies to real estate investment? Seems like you could dramatically increase your net profits when selling properties with no capi...
Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...
Hello,Where would you guys invest $500 a month into? I was thinking of getting me a whole life insurance policy that builds cash value, but then i was thinking if i should put that money into a ROTH IRA?I would love s...
I've been looking at certain areas that appear to be in revitalizing areas here in the south. I keep seeing properties labeled as opportunity zones, which I understand. However, I haven't found a lot of information on...
Hey BP community!
I’ve been working with a lot of investors who are split between going the fix-and-flip route or holding properties for rental income. Each strategy seems to have its pros and cons, and I’m curious w...
Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages. If I cannot ge...
I have a couple questions related to the tax benefit of selling a home you've lived in for 2 of the last 5 years.1. If there are two names on the title of the house, do both of the owners need to live in the house to ...