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I am planning on buying a SFH through FHA owner occupied loan, fixing it up and then selling it. How long do i have wait so i can sell it without paying the Capital Gain Tax and also how much is it for me to pay. Than...
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First, I should point out that I am in no way venturing into the world of commercial real estate development.......at least not yet. But my area is expanding and one area in particular is seeing a lot of growth from l...
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Can any Ohio real estate agents that own personal rental property answer this question? I drafted a lease agreement using other agreements and looked up some things from the Ohio revised code. I am about to rent out m...
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Hey BiggerPockets, I recently have done a lot of reading about tax saving strategies for our business (we own a successful farming operation), and discovered multiple ways that we could save a TON on taxes - which mea...
Okay so lots of people have been giving me a ton of advice, and I have been reading like crazy lately on real estate. A big thanks to everyone on this forum. I was looking at half duplexes and single family homes, I n...
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I understand that appliances have a "predictable lifespan". An oven/range typically have a predictable lifespan of 20 years. A tenant broke my 10 year old range. Am I only allowed to charge him for 50% of the cost for...
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What property management apps do you use to sign leases and collect rent from?
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I am starting out in the real estate investing world, and am running the numbers for some listings in B and C+ neighborhoods in the Columbus, OH market. For the rental calculator, I assumed: Maintenance and repair = ...
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Hey there BP! Do you all have a stated "broken lease fee" in your lease? Usually when someone breaks the lease, they disappear completely on me and leave the house in bad shape, so return of any part of the deposit is...
Hello everyone! I am new to the forum and real estate! We are in the process of purchasing our first single family townhouse (3 bed, 1.5 bath, 1,470 sq ft) which we are going to rent for $1,200 a month. I am trying to...