Hello BP,I am looking to buy my first investment deal and I had a quick tax question for anyone that might be able to help. I have been pre-approved through the traditional means (20-25% down) but I have been recently...

Hello,

These are made up figures. I just want to see if I am calculating this correctly. Any advice/opinions are welcome.

Thank you.

Bought for 280,000

20% down payment = $56,000 ( $280,000 x 20% = $56,000 )

lo...

TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...

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Hi Everyone,Would things like an electrical bill I pay for common areas and the water bill which I pay fully be tax deductible or are those just regular expenses?Much appreciated,Art

Good morning everyone,I have a basic taxes question for you today:Assuming my gross rent income is1000$/ month and based on accurate research I can plan a total of 500$/month of expenses (small repair; big repair; cap...

My wife and I will be house hacking with a duplex once we close at the end of January. I have some questions around paying the mortgage and also about the use of a business credit card. 
I currently understand the im...

Valuing a Mobile Home Park:

I want to know how many lots there are, how many are occupied and paying, what the lot rent is, what expenses the owner is paying, and who is responsible for the water lines, sewer lines,...

Is there a logic to pricing rent relative to the cost of paying a mortgage on the property if someone were to buy it at today's rates?Ex. my current properties rent for about 112% of what someone would pay in a mortga...

Hi.

A four-plex in my area is currently for sale for $70,000. From what I have learned from the sellers they are extremely motivated to sell because they recently divorced and neither of them wants to own the propert...