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The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
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My Mother just inherited $2M through my father's estate that she is looking to invest to create cash flow to live off of. She does not want to invest in rental properties, syndications, stocks, etc. She is completel...
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Does anyone have a template for one of these?
Thanks,
Jeff
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I bought a Triplex with an upper and 2 lower units early this year. Currently the upper tenant is enraged that his apartment constantly smells like pot. He has called the police and has messaged me many times that thi...
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Hi all,
I am a new landlord -currently house-hacking. I bought a duplex last year with a tenant in place and rehabbed the other unit, which I now live in. I can say with confidence that I have made mistakes in landl...
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A REO is on the MLS in my area for $70,000. It needs about $50,000 in work and will have an ARV of $185,000. The house encroaches on the vacant lot owned by somebody else next door. This is public information availab...
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So, here is my situation, in Boston, Mass:1. Tenant has a lease though 05/31/21. On 10/30/20 they asked to break it early and leave. I started showing the unit which remains unrented for December.2. Late November, ten...
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Hello! This is my first Bigger Pockets post. We had a qualified renter apply to rent our home, and she emailed asking why we rejected her. She's surprised that she's having such a difficult time finding a place to ren...
Hello Everyone!My husband and I are heading out this weekend to purchase our second SFH, this time in Las Vegas, NV. Naturally, as two people who are still very new and green to buying/selling properties, we're workin...
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Hey BP I am beginning my journey into wholesaling and have a few houses that I want to put under contract, but I need some advice and I have a few questions before I do so.
1. For these wholesale deals the location w...