Hi all, Long time lurker and first time poster. If this isn't the right place, feel free to move it.I purchased a rental property many years ago and have been filing taxes under my personal income since I never put it...
Would appreciate help on this one. I recently acquired a property where a dirty tenant of 2.5 years had to be removed prior to close as part of the contract. Ultimately, the tenant ended up moving after the close. T...
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Despite the local temperatures in Chicago still regularly hitting 90 plus, the cold winds of winter are barreling toward us like a freight train. That said, I wonder how many of you have started projects with snow on ...
I have a general question about business and real estate. I keep hearing places that people often buy real estate to offset other businesses. Is this just for tax purposes? I need some more detail on this subject. Tha...
My house just went on the market today and my real estate agent got a call from an interested investor in my house. The reason I am selling it is to use the money in "better" markets. Should this make me rethink if an...
First time landlord and I've got this couple applying that are telling me their 2 dogs are emotional support animals and that they don't need to tell me about them and don't need to pay a pet fee. I found an article s...
Hi All,
New to BiggerPockets and hope to to learn a lot from the community. I am currently in the bay area with a couple LTR here but am looking to venture out of state where there are better cap rates, appreciation...
Hey guys, I have been attempting to get my hands on some real estate since march. I have networked with many people, cold called for a company, learned how to run ARV, how to calculate repairs, all that jazz. I say th...
Where I live the median home price is around 1MILLION. Even out of province the prices and rents here don't compare to many US markets. This has lead me to pursue this new challenge.
I have about 80k saved, and make...