I've had a few conversations with mortgage brokers and it seems common to NOT count the expected rental income on a property towards your DTI when looking at the loan for that property. That seems to be very limiting ...
Questions for Real Estate CPAs and Attorneys (or genuine experts), preferably who know the Las Vegas Condotel market:Looking at my first investment property. Considering going in with other investors on a condotel uni...
Hi BP Team,
I have a question related to my recent bathroom addition & kitchen remodel. I hired a contractor for the project and we spelled out all of the different items that I wanted them to complete. Two of ...
So I finally got my courage up to jump into real estate, got my pre-approval done. Found a nice house that I was about to make an offer on to start house hacking, and then life came around and gave me a sucker punch t...
In 2021 I had overall negative AGI on my personal return due to losses on rental properties. I had no tax liability in 2022 and now here in 2023 I do. How/ where do I utilize that prior loss? Is it an NOL on Schedule ...
I'm in need of some advice on purchasing QuickBooks Desktop Pro. I'm looking for a version that I can buy outright and continue using without the need for annual subscription renewals. I’ve heard that newer versions o...
Hi All,Thank you everyone for providing such amazing content on biggerpockets. Here's hoping that my post can help others in some way. This is a property we bought off auction in Fort Walton Beach, FL. From purchase c...
I am a long term landlord and have substantial experience as a handyman. I am fairly new to buying a beat up property, rehabbing it, and then keeping it for a long term rental. I recently finished my first rehab, an...
We have a 2nd floor 3bd /1ba unit in a duplex with subfloor damage due to a leaking toilet. The repair will likely take 7-10 days to allow time for dry out, during which time the bathroom will not be usable. Since i...
My wife and I are starting out our real estate investing journey by getting our current house ready to rent. We have a small 2 bedroom, 1 bath house with a nice yard in a great little town. The house hasn't been renov...