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Hi Everyone,I am hoping that there is someone with experience who can help me out. I currently have one rental property (in the middle of buying my second right now), and have some questions about bookkeeping. My ques...
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Found a 4 plex in Pueblo, CO. Their asking price for the property is 169,900. Each unit is 1000 sq ft with 2br and 1 ba. Average rent on 2 bedrooms in this area is about 685 (sourced from rentometer, zillow, realtor, ...
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I own 3 rental properties and am doing a1031 exchange on one. What closing costs can i deduct from this exchange? I want to keep accumulating carry over losses but am having trouble finding information about this.
ev...
Hi, brand new here and had a couple of questions. I had this idea the other day and now I can't stop thinking about it. I currently own a home that I bought new construction. I have lived in it for about a year and a ...
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I'm an engineer. I own 5 rentals but have only been in business about 2 years. I've had 7 tenants, 4 great, two mediocre, one lousy. But there seems to be no trend as to what stats I could've looked for to determin...
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Hello BP, what are your book recommendations? It doesn't have to be real estate if it's a really good book that will help out in some other way.In the past couple months I've read "The book on investing in real estate...
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Hello! Wanted to discuss the more complex tax deductions for short term rentals/Airbnbs. The two STRs I own are 100% exclusively used as STRs. I'm familiar with all the basic deductions i.e. cleaning fees, utilities, ...
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Back in 2015 I bought my first rental in Durham, NC. After looking for a month, this seemed like the best deal.Specs:4/2 built in 2006 1200sqftPP: $94500Had a tenant in place renting for $1050.I recently had the prope...
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"Property A" is my single family home that my family lives in. We bought it HUD owned in January 2013 with a VA and it has a 3.125% interest rate. It's also got about $60,000 +/- worth of equity in it. I could rent...
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Hello everyone! I'm so glad that I found this space a few years ago and now I'm just starting to get serious about my REI journey. I feel like there is so much knowledge out there and I feel like I'm being tossed ar...