I put $50,000 down on a property that I am buying through the owner.  The closing is in January.  How can I deduct this on my taxes?

Hi All,

I'm a new investor and looking to begin the journey in the Barrie,Ont area. I'm from Newmarket but have lots of family in Barrie and know the area quite well.

My goal is to buy & hold and start with sma...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $96,000

Cash invested: $45,000

Sale price: $175,000

This was my first flip without the help of my family (mostl...

Here are the numbers. Please let me know if you think its worth getting into. I cant decide. Price: 365K. I have 25% for the down. My partner is getting a conventional loan for the rest at 4.5%3 units 3 Br unit -     ...

I'm new to real estate investing and would like to start flipping in the Northern Virginia area. If I were to partner with another investor, whether it's a friend or someone I meet through a meetup, what do I need to ...

Hey everyone,I'm looking for some advice on a particular property's sewer situation. I'm under contract to buy a property that is zoned as a single family home but it has 3 apartment units - 2nd floor, first floor, an...

Hey Bigger Pockets Community,
I hope everyone is doing well and continuing to navigate the ever-evolving real estate landscape. Today, I wanted to chat about something that's been a major topic of discussion in our i...

Hi! I will be closing on my first property, a duplex, May 18 in Dayton, Ohio. My plan is to house hack and start a property management business and manage the other half through my own property management business. As...

Hi BP community,I'm Lindsay Denny from Philadelphia, PA -- I'm new to Bigger Pockets and am thrilled to be here!I'm brand spanking new to real estate investing...I'm interested in fix-and-flip opportunities and my cur...

🤫Don’t tell anyone!🤭Be quite as loud as possible. Don’t tell anyone that 📈you they can invest in real estate with their retirement fund.Be very quiet 🤫when you 😃yelled from the top of the mountain that you don’t need ...