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Hi All, I recently rented out a room in my house for 3 months. What all can I write off?Also, he ended up not mowing the lawn (which he was supposed to), and the city came out and did it. I did have my friend mow th...
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Is Bigger Pockets pro membership pretty common among members in here? What’s the best feature? I find myself wanting to upgrade for the pro calculators. Tell me why I should make the upgrade as a newbie! Thanks in...
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I have a 2 family house, the first floor unit along with the garage and basement lights, are all on one meter. Previously the first floor apartment was rented to college students so I would pay for all utilities... We...
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First off, thanks to everyone for contributing. I've learned just about everything I know about real estate on BiggerPockets.My situation: I'm trying to help my parents use a 1031 exchange to defer ~1.2M capital gai...
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Hey guys!For the past 3 years I have been writing Christmas cards (with thanks) to my property management companies and my handyman. Is this a common practice? Do you do it?Thanks!
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We recently received a low appraisal on a home that needed significant work. The appraiser used homes that were 2-4 miles away from the subject property - in Montgomery, AL that is a long distance and the neighborhoo...
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How do small multifamily's (3-4 units) fare when located in markets that generally have a large supply of large apartment complexes, like Orlando, Dallas-Fort Worth and similar markets. I am currently in Massachusetts...
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So, I found a house that was placed for sell on MLS, then it was taken down by the seller a few weeks after. The house didn’t sell. I knocked on seller’s door and asked if he was interested in selling and he says yes....
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Hi all!
I've been sent a real estate development proposal by a friend of mine who is looking for me to invest. This would be my first time investing in something like some so I want to make sure I ask the right quest...
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Sold a property (proceeds with Qual. Interm.) & have a new property to buy. Formed a new 2 member LLC to acquire & hold new property, but accountant says it needs to be Tenants in Common. Can you do a 1031 exc...