Ellie Perlman
Should You Invest in a “Frozen” COVID Real Estate Market?
The COVID-19 pandemic has hit every part of the country, every part of the economy and every facet of the real estate market, including investing in multifamily properties. In the United States alone, tens of thousand...
Ryan Dossey
Security Systems on Rentals and Flips
I am curious how many of you guys use or would use a security system. We are just now adding properties to our portfolio so I am considering it. I do also have access to a distributor and can get basic systems at cost...
Jonah Walker
First Time Investor- Is this deal worth pursuing?
I found a property listed on Zillow at an asking price of $179,999. It is a duplex with one side being a 3/2 and the other a 2/2. The building has a new roof, Installed in 2017, One side of the duplex has been remodel...
Wade K.
What was your tipping point before hiring property management?
I am new to the real estate 'buy and hold' game and would like some advice from experienced landlords. I currently have a full-time gig that demand 50 - 70 hours per week at any given time. The questions are simple. H...
Account Closed
Tax Assessment Question
A friend of mine came to me with a dilemma. This is a new one to me so I figured I would ask the group. My friend had outright owned some property in Southern California and in '99 sold it to someone providing the b...
Zaheer Khan
Seller Concessions Exceeded
Hi BP community!
First time investor here.
I’m getting ready to close on an investment property (condo) next week. My lender just informed me that my seller concessions exceed the relevant closing costs (including ...
Julio Gonzalez
Green Energy Tax Credits for Homeowners
Did you know that as a homeowner, you are able to take advantage of green energy tax credits? These tax incentives can help offset making energy efficient upgrades to your home. There are two tax credits that are avai...
Stephen Bethel
Using the CARES Act Retirement Waiver
I’ve read the CARES ACT special rules for retirement funds (ex: 401k/IRA). Allows Coronavirus related distributions up to $100k. Is there too much risk (ex: legal implications) in taking this option? There is a repaym...
Xavier Thomas
Wholesaling Tax Strategies
Hey everyone. I'm new to BiggerPockets and something that has caught my attention is wholesaling. While poking around in some of the forums, I came across this: here. Which showcases the tax implications of doing whol...
David Robertson
What expenses are included in the 50%?
When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.