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My husband and I purchased a home that we used as our primary residence in June 2020 for $182,000We are now selling it for $295,000 in July 2021We currently fall into the LTCG category of 15%Our new home is being purc...
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Hello Everyone,I was wondering if any experienced landlords had any tips for maximizing cash flow in duplexes/triplexes. To me it seems as thought the initial cash flow that you begin with after purchasing the proper...
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Hello all,
I recently purchased my first rental property in the form of a four unit apartment building. I've already made several improvements to the property including new gutters, french drainage system, some mode...
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If I put $20k into rehab is that entire amount deductible? Also, will it, along with depreciation, offset penalty for cashing out 401k?
My 401k wasn't a lot so my 10% penalty is only a few thousand.
Thanks
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Can someone help explain the new Opportunity zones in the US, how to find them and how they help the investors?
Thanks so much BP community, you all rock! I wish you all health and happiness during these times.
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I am spending a fortune at Home Depot to get my rental house up to use. I understand I will add the cost of the new roof to basis, but do you all really add costs for leaky faucets, broken bathroom fans, nonfunctioni...
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Hello!Does Vinyl siding improve my ARV? Duh! I know the answer is yes but is it worth it?I am currently evaluating a 3-unit building worth approx 80-90k with a pre-rehab cap rate of 30% with an older shingle siding. T...
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Hello everyone,The key to BRRR is obviously buying right and spending your rehab dollars where it counts. Can anyone recommend any cost effective rehab tips that you have noticed help add value the most?
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We have a condo in Austin that should lease for $1000 to $1200. We are trying to lease it with minimal improvements (it is in decent shape as it is). It is 725 sq feet. Really a mid sized living area with small are...
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One of my earlier forum discussions addressed the issue of excess bids in Alabama tax sales. I will not duplicate that information here.A redeeming owner must pay the following charges:Taxes due at time of auction, pl...