A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...

Hi, I purchased an 8-unit set of townhouses in Seacoast New Hampshire in September 2020 and renovated all 8 units from October to January. The total project cost was ~$1.0M and now, based on current income/expenses an...

I am new to bigger pockets.what is the best way to protect my real estate? Should I do land trust or LLC?Can I switch my real estate from my name to LLC or land trust?

Hi, I'd like to start using a property management software for a portfolio of 10 properties. I'd like for it to be a one stop shop for tenant rent payments, tracking maintenance requests, e-sign, accounting reports et...

Can anyone shed light on how the proposed Trump tax reform would affect property depreciation.  Could this tax reform  retroactively take away the tax benefits for 2017?

I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...

Hello all!
I was recently contacted by an absentee owner that responded to a yellow letter that I had sent. She said that she wants to sell her home but that the house has an egregious amount of liens that the prior o...

Hi,We bought a property last year thru an LLC and the previous owner was there for 2 years so he sold it with no capital gains. For various reasons, we are partnering with the previous owner again and adding him as a ...

Hey everybody,

Are you using your IRA for wholesaling?
If so, encountered any problems?

Thanks,

Dave

I just closed on a single family that I will offer for rent once I get done painting and doing some small repairs.  It will probably take me a couple weeks.  If I’m unable to get a tenant moved in before the end of th...