I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...
Hi! My husband and I just posted our house for rent three evenings ago. We will be first-time landlords, so naturally, we're already feeling like we're in over our heads. I created my online listing, and with the fact...
I'm not sure where this applies more, loan advice or buying and selling discussion so here is a double post to some degree. If thats not okay then I apologize.https://www.biggerpockets.com/forums/311-buying-selling-re...
I am looking at approaching a couple that owns a dozen or so investment properties. The wife wants to sell and the husband is unsure. I was trying to come up with a scenario that would be a win-win for both parti...
Good afternoon, This is purely a tax question on what is essentially the sale of dirt after splitting a lot (though of course not that technically). I have a standard Seattle lot, 5950 sq. ft. The house is old, less t...
Hi Everyone! I have two (built in 2020) townhomes in the same complex. They are both end units adjacent from each other. For the past two years my pipes have froze. Once in year one of ownership for about 48 hours for...
My sister and I have 20 acres in Poolville, TX. The property was bought by my parents in the 80's and put in our names then. I have since had a home built on the 20 acres next to my parents house and have lived ther...
Hello community, we are new to real estate investment. Have only owned this house in Texas for a year, and our tree fell (split in half, half on the roof, half in the street). Our property management company needed to...
in 2019 my spouse and I purchased our first half of a duplex. Its 3 bedroom 1.5 bath on Nantucket. The market on Nantucket is unbelievably expensive. I'm originally from upstate NY. I moved to Nantucket in 2013 and re...
My friend who used to work at a mortgage company recommended I pay mortgage twice a week, with half of what a monthly mortgage payment would have been. So instead of paying $1000 a month, we pay $500 every two weeks. ...