Matthew Cater
House Hacking Questions
Some general questions about house hacking:
1. Tax question- If a person purchases home 1 as an owner-occupied personal residence house hack and then moves out the next year and purchases another owner-occupied resid...
Walt B Philip
Rental Tax Question - taxes on cash flow
Just getting started with rental property investing and I’m wondering if the cash flow generated above and beyond all expenses (PITI etc) is taxable as income in NJ. Numbers to illustrate the question: PITI is $3000/...
Chris Clark
Turn free and clear property into career?
Good afternoon BP,Wanted to see what the pros think about my current situation and goals and what advise y'all might give.Personal situation: My wife and I work for the same Fortune 200 company. She is on the fast-t...
Dave M.
What to Include in Binder for Lender?
Hi all - I've heard that it's a good idea to create a "binder" of basic documentation (both personal and related to a property) when approaching lenders about purchasing an existing rental property. I would be p...
Nick Ferrari
3 Questions of a new Landlord
Hey Everyone!,I just recently bought my first rental and i've got some basic questions. Any help regarding below would be GREATLY appreciated. THANK YOU!1.) What do you suggest regarding a pay schedule for tenant. ...
John Smith
Down (3.5% v. 10%) PMI, Liquidity, Gains, Taxes, Projections
Have been reading forums & listening to podcast for over a year. Focused on cash flow & so on multi-families in part because of Bigger Pockets. Bought our 1st property last spring ($94,000 3-unit, using conven...
Tyler Speelman
2 Potential tenants. 1 with good credit the other with below 600
I have several scheduled viewings for a vacancy. 2 potential tenants, a couple that will be living together has submitted application without yet seeing the available unit. One of the potential tenants meets all quali...
Joshua Dorkin
The BiggerPockets Summit Is Just 2 Weeks Away!
In just two weeks, there's this really cool event taking place called the BiggerPockets Real Estate Investing Summit. The lineup includes 31 speakers, 25 sessions, and it looks like we've got over 300 people attendin...
Kj Rustom
GC building contract template
Hi folks - I am looking for a standard contract I can use with a GC for a new build. Basically looking for an easy to understand and implement set of performance requirements, timelines / phases, CR definitions and te...
Joe Michaels
What happens after 27.5 years with major improvements, can you still deduct?
Hi,Just watched the latest BP podcast about cost segs and it got me thinking....What happens after depreciation runs out on your property? So as I understand it, repairs/maintenance is fully deductible the same year ...