I have questions on whether I should expensing or capitalizing my costs on remodeling a property. I feel expensing is always a better option, since it deducts the overall taxable income to the most amount immediately....
I wanted to take a moment and discuss some questions about SFR and respond with some specific trends we expect to see more of in 2024. Many of the topics below were hot topics for debate by SFR industry leaders at the...
Hello all, I am just starting out in the rehab market. After reading through page after page of IRS documents I still feel that I am missing something. If we purchase a house cash and I rehab using my Contractors lice...
Hello all at biggerpockets. This is my first post, besides an introduction. I'm looking forward to hearing feedback from the experienced.
I am currently looking to make my first real estate purchase. I plan on buyin...
according to RealtyTrac.Top five states and increases:NC 85%OR 85%NJ 66%OK 58%NY 57%Next 5 states:CT 51%CO 48%AL 24%TX 18%OH 17%Some states that might be expected didn't make the list!
Hi BP community!
I was just wondering if anyone has any suggestions/articles/books on information on how to create a forecast analysis of their own neighborhood/city? I want to be able to analyze the raw data into so...
Hi All,First off, I will consult my tax professional before doing anything. I am looking for the 10,000 foot summary to get my mind around what I will be looking at when its time to tackle this.I bought a fix and fli...
Cash flow in my market has become so abysmal it’s dropped to under $100 a door with CoC being lucky to be around 4% on most available multi families. SFH are out of the question right now being above $225,000 now and ...
I have recently been looking at Las Vegas/Henderson one bedroom condominiums for some of my investor clients. One bedroom units have not always been on my radar and I found it may be an interesting option. So far, I ...
Hi, I currently own 3 properties in the metro Detroit area that are creating a cash flow of about $400 per month. I purchased the properties for under 50k each. I have a heloc and mortgage on two properties. One is fr...