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Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk). A...
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Hello everyone, I busted wanted some advice on purchasing a home while having personal debt. My wife and I do not live in the most desirable part of Newark, NJ and have been wanting to leave in order to purchase a mul...
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Hi Everyone! I am very interested in purchasing my very investment SFH in Tampa, FL within the next year. I am looking to keep the property long term and eventually begin mid-term rentals. Does the VA loan have any re...
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Would anyone have more information on how to use a 401k for investing? I've read in the past you could use it for downpayment with less tax implications. Is that true? In general, has anyone had experience using their...
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Hello BP world,My name is Kris Spencer and I have recently gained a stalker like obsession with real estate investing. I'v been chugging the BP podcast and planning out my REI future. I currently work full time, have ...
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Hello everyone!I've been orbiting around real estate investing for a few years and I'm finally in a place to use my primary residence home equity to buy my first long-term rental.I intend to invest in Colorado Springs...
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Im looking for advice on what to do?I bought a condo for 80k in Dec.2018.My original plan was to rent it out. (after calculations ill cash flow 500.00 monthly)Ive been working on the property and i had a visitor the o...
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Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
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I am looking to use a VA home loan in the next 3 months on a multifamily property (mostly looking for 3-4 units). I have read the Bigger Pockets House Hacking Book and the general Bigger Pockets book on Rental Propert...
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Hello all, I've got a class C property that has not provided me much in the way of qualified tenants. I was curious if I am being too stringent on my criteria... I have a background in consumer lending in a nicer area...