Hello All,I am a Real Estate Agent based in Raleigh and the surrounding areas. I lean towards listing properties but have buyer clients as well. I am an aspiring investor wanting to specialize in multi-family units. M...

Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...

So I find my self in an odd predicament. I've just filed for BK after making a lot of money in the oil fields but I will soon have zero debt and around 3k a month investment money. I know it will be near impossible to...

I have a seller finance deal pending. Price $380K , 20% down, 1 year Note, 6% interest, Amortization not decided yet. I do plan to use a HELOC at 9.25% for down payment. I plan to refi at one year after raising rents...

In my last post, we discussed home variability and how a lack of uniformity contributes to challenges in property renovations. Equally important to the initial renovation process are the initial inspections and then t...

In September, I closed on a 4-plex in Ville Emard with the future intention of becoming an owner-occupant, and one of the tenants (paying $1300 for a 2-bedroom that badly needs renos) has decided that she wants to mov...

I'm evaluating a residential property for purchase/renovation and resale. I noticed that the carport has now been enclosed and converted into a bedroom. I asked the current owners if a permit has been pulled for this ...

Hello BP. As you know Covid-19 has been affecting everything around us and has been changing our world. Things are just very uncertain and unusual during these time's. I am planning on becoming a real estate agent in ...

Hi BiggerPockets community,Need some advice on this situation and appreciate your feedback!Tenant has been great for the past 5 months, paying rent on time and not contacted us for repairs at all.In the past month, th...

I just went through two 1031 exchanges this past year and now Upon finalizing my taxes my CPA is telling me I owe capital gains because my loans on the newly purchased properties are less than the loans I had on the p...