If I buy a 3-flat in Chicago and live in the top unit, can I depreciate the entire building normally as I would as if I was an investor who did not live in? If not, would I be able to depreciate 2/3 of the building?I'...

Can I rent out a couple of room of my house and do 1031exchange after 3 years

Hello BP,I have some questions regarding probate. My uncle passed away a few months ago, and my father has been granted executor through probate. My father was already half owner of the property and now assumes the en...

Investment Info:

Single-family residence other investment.

Purchase price: $900,000

Cash invested: $15,000

6BB/3.5Bath 4000sf on 3.4 acres near several wedding venues. Fun reno project scheduled!
Ren...

Hello,I have a small vacant lot in Los Angeles with blueprints for a residential property. I was wondering how to evaluate a purchase price for the sale of the land and building plans for. I know how much the home wou...

Hello BP Community,I have been talking with my wife about getting into the multi-family properties investments. We are working with another couple to partner, and we are doing the due diligence, to learn more about so...

Hi Everyone!My wife and I live in NJ but own rentals in Indiana managed under IN LLC and its parent WY LLC. We are members of WY LLC with 50-50 ownership. My CPA says 'since both rentals are in another state, it is di...

Hello everyone! I'm currently looking to see if there is anyone out there in Washington, DC (District of Columbia - haha, keyword alert trigger?) or Maryland currently studying for their DC Property Management License...

So I have a bare lot I am selling. Lets say I get 100k for it. My plan is to 1031 this into a duplex. It looks like I can occupy one side of the duplex as long as when I sell the duplex that side isn't considered 1031...

Isn't it just cash directly into your net worth?

When everyone talks about clearing $100 a month for their rentals are they counting principal paydown as part of income or expense?