If I have a cash flow negative rental, how do I claim the loss in my taxes?I am currently in the midst of purchasing my first condo in Queens, NY. This is a new construction, and I signed purchase agreement back in Ap...
Hello all, I am new to the community. Been studying and reading up a lot about the Real Estate investing life. I am currently 20 and I am now finishing up my bachelors in business, I already have my associates. The...
Is there any way to practice analyzing deals to make sure I'm doing it right when I'm ready to go after my first property?
I have recently bought an really old house and my husband who is contractor has been working on the house.We are planning to live in and sell after 2 years.I wonder if any expenses can be written off. Any comments or...
Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank. It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee. I would...
Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
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I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This t...
In selling your first (and only) primary residence, I understand there is no capital gains tax incurred. But my question is will the income from the purchase be taxed as regular income?
If I make 60k a year and sell ...
Greetings, I'm just curious to learn or hear perspectives on Homestead Declaration in Nevada. Is it necessary or standard for investors? Or something optional?
Hello BPI need some quick advice. I am working on buying the property that has a previous judgement lien on it for around $18,500 and a past due mortgage with $16,900 in unpaid principal, $2,632 in unpaid interest, $1...