Arjun Rao
RE tax benefits with W2 income
Hi all, My spouse and I have a full time W2 jobs and we are looking into real estate investment (SFR - buy and hold strategy for now). Neither of us will be able to get the real estate professional status nor will we ...
Brenda Lee
Tax Expense Deduction
We just recently purchased a rental property in Utah from out of state. Prior to renting out the home we will have to fly out there to prep the home for rent. Just wondering if we can count expenses incurred for fly...
Donald Ward
Thoughts on the REACT System
I'm Donald Ward from Houston, Texas , my wife and I are new to investing and are wondering if anyone has heard of Jon and Stephanie and their REACT System?
William C Bruckner
LOC on Rental Properties
Hello BP members. We own 6 properties free and clear in Lake County IL. (4 condos and 2 SFR). The total value is about 1.1 million. The properties were purchased through a 1031 and are held by a single-member LLC. We ...
Craig Lessler
Using Capital Losses to offset Depreciation Recapture & 1031
Regarding a future 1031 tax deferred exchange, I estimate $800K will need to be invested into replacement properties to continue to defer tax liability of all depreciation recapture and capital gain from the sale of a...
Sam Desai
Real Estate in Center City/Surrounding Area of Downtown Philadelphia
I just finished graduate school and am looking for a rental property to invest in long-term and sell the property after it has appreciated ~20% in 10-15 years.My budget is around 250-300K and I'm looking for propertie...
Rick Beno
An interesting liability question
I have a wonderful family living in one of my large single family homes. A few weeks ago the tenant informed me that her mother (who lives elsewhere) had taken a fall and broken her hip. The mother would be in rehab...
Vida Nielan
ADU vs STR Addition in Beach College Town - Howe should we start?
Hi-
Our family of four owns a two-bedroom in a great long-term rental/short-term rental location. We want to create extra space and build rental income. I would love input on these two options
600 second story squar...
Jarrad Henry
Do I have a bad realtor?
Hi guys,Trying to determine if I should reevaluate the relationship with my realtor based on what I am considering some neglect and critically bad advice.I just cancelled a contract on a property in Antioch. 3/2 baths...
Barbara Whiffen
Property Manager Double-Charging Commission for breaking lease
Lease dates: 4/15/2017 - 5/31/2018Location: San Francisco Bay Area Upon moving in tenants paid first month rent + security deposit (equal to 1 month rent) + $1,963 commission for property manager for the duration of t...