Quick question I'm hoping someone can answer for me. I have an elderly family member that would like to give me some real estate. She absolutely does not want to put this in her will for her personal reasons. She w...
This may be a dumb question, but its early and I'm old. When I read posts in the discussions there is an option to vote. What is the function of voting?
Hello BP Family,
My name is Joseph and I am in the Middle TN area and I am new to Real Estate. So far I’ve read Rich Dad, Poor Dad, and BiggerPockets’ How to Invest into Real Estate. What are your recommendations on...
I was reading a thread on here and someone brought up MIRR (Manager's Initial Rate of Return) in passing. What is this, what does it tell me, and how do I calculate it? Why do I want to know this?Thank you for any res...
This is a first for me so I'm a little concerned and was hoping I could get a little imput for anyone in my area ( Cook County IL ).Back in October 2012 I started the eviction process on a tenant that stop paying rent...
Hello everyone, I would like to relate my experience with Crestcore Realty/Management in Memphis, TN in order to caution investors looking for an honest reliable property manager in Memphis. Crestcore was recommended...
Hey Everyone,I've been a landlord and have remodeled my own single family (one duplex) properties for the past 8 years. I've had some hard lessons with bad tenants over the years but overall I am doing pretty good. ...
Hi guys,
I'm a recent grad just beginning my career in nyc. With my current job im just above cash flow neutral due to a high New York rent that I'm now locked into. For the past 8 months or so, I have read and learn...
When house is sold, does IRS tax BOTH reclaimed depreciation and capital gains? We have a small house in FL that we built in 1978 and rented out ever since. It is fully depreciated, and is in very rough shape. We've b...
This seemed like a good topic for new comers to the real-estate profession: are you a dealer or an investor? The answer can mean paying 15% income taxes on selling a property or 25%, 27%, 37% or more depending on yo...