Adam Pervez
Submetering Water Expense
Hello,
I am looking to split the water expense and wanted to know who I can reach out to that can help out with the process. Would it be a plumber? Has anyone gone through this experience before that can share what n...
Eva Morel
Withdrawal from 401k?
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...
Russell Goldenbroit
Rental Property Tax Savings for the Passive Investors
Hi Community Newbie to the community looking to get started in rental properties. I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible. From what I'm gath...
Daniel H.
Depreciation
If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...
Keith Hoffman II
Tax Deduction for Rental Property Mortgage Interest
My accountant told me that b/c my income is over 150K, the interest paid on my rental property mortgages are not deductible. I would only be able to claim these ductions if my income falls below 150K or when I sell ...
Justin Hack
Refinance vs. HELOC vs. Hard Money
Hello BP, I am new to the real estate investing world, as I am sure many of you are, and I am having a tough time deciding how to finance my first deal. I bought my primary residence property for roughly $100K when I ...
Chris Simmons
Reduced Rent / Pay Tenant for Grass Cutting & Snow Removal
I'm a recent lurker, first time poster. I purchased my first investment property back in September...an 8-unit building. The previous owner was a bit laxed in his management style. He did not regularly increase ren...
Ross Alcorn
Cost Segregation on 2 Separate Townhomes
I'm looking for some advice around cost segregation.I purchased a townhome in 2019 that has now been an LTR for two years. I purchased a separate townhome in 2021 that I am currently house hacking in and plan to turn ...
Logan M.
Making Changes via HUD for Manufactured Homes?
February 29th, 2024 HUD announced changes to:
Support Affordability for Manufactured Homes and Communities
Here are some of my thoughts: continued pushing for programs to allow the owners of the homes the abilit...
Jeremy Porter
Unlocking Success: When should landlords reinvest in their rental complexes' landscap
The first impression is everything, and for rental complexes, the exterior is often the first interaction potential tenants have with your property. A well-maintained landscape not only attracts more tenants but can s...