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I am looking to purchase my first investment property this summer in Indiana and I am currently looking into forming my LLC in the coming weeks so I can get my business bank account set up and start tracking tax deduc...
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Been thinking heavy about adding a few low income properties (Houses that I can buy for $10,000 or less and buy cash).If I decide to go this route I'll rent them to Section 8 tenants and make minimum repairs (paint an...
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I’m selling my California rental property and need some ideas on where to deploy my money. My place is worth $425k and I have a $72k mortgage. After realtor fees etc I should probably wind up with about $310-$320k c...
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I'll make it quick. My W2 income is >$550k/year, if I build an RV/Boat storage facility, will my storage business expenses/losses be able to reduce my W2 taxable income? Or do I have to have REPs status for this si...
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I'm relatively new to the area (1 1/2) and have been looking for rental properties to purchase. It is virtually impossible to find a property that meets the 1% / 2% test rules. Are the the investors banking on appreci...
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I got my license may 1st and began working for Coldwell Banker, I sold a $135k house in my first 2 weeks and in the last 2 weeks I have gotten 6 more houses pending, from a 30k house all the way up to a 420k house, to...
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Hi all, I appreciate your help in advance on this extremely complicated topic.
My wife and I are trying to find out what exact details will count towards the 750 hours of "materially participating" in real es...
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Hi Everyone - long time lurker here on BP but really am hoping to get y'alls perspectives on potentially investing in rent controlled cities like Oakland or Berkeley, CA. My gf and I are 1st time home buyers in the Ba...
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I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
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I see a lot of duplexes like this one:http://www.realtor.com/realestateandhomes-detail/5...While that is a bit of an extreme example (a lot of them will pull ~1600 in rent), there are still a *ton* of duplexes out her...