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Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?
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The contractor I hired to paint interior of home has left it incomplete. He also removed a whole house alarm system without telling me. He explained he had to in order to paint the home properly. He does not plan to r...
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Guys,
I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:
From the net operating income...
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2 beds 1 bath both sidesfully and currently rented for $640 new roof, good condition inside and out1512 sq feetPurchase price $120krents ($640 a unit) total $1280I am using FHA loan and the details are3.5% down3.75% ...
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Hi! I’m a new-ish investor from Fort Myers, FL. I graduated from college two years ago with a degree in civil engineering and love my day job as a construction project manager. I got started in real estate in 2010. Wi...
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The issue is, the property can't be rented as the county took away occupational rights due to the back of the property up against a Rock. It seems like it needs a retaining wall, but i'm not sure as the seller just wa...
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Hey everyone, not sure if this is the best spot to post this but I figured fellow Pros would most likely have the best advice on this.Our office is looking to get a virtual answering service to handle incoming calls. ...
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Hi Bigger Pockets community, My name is Nick Schwarte. I'm an ambitious student pursuing a degree in Construction Management at Arizona State University, complemented by a minor in Real Estate. My passion lies in expl...
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I've seen several different ways to calculate the value of a commercial building. I believe that it's more based on rents versus looking for comps (like on single family residences). My questions are1) Is there one me...
Hello Biggerpockets family,I am newbie to biggerpockets and RE investing, no previous experience in buying.I found a deal that I would like some advice on. This deal on paper looks too good and when I called the broke...