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I am considering buying a section 8 rental property with a tenant in place. The location is York, PA and the property taxes are rather high, $3,000 per year. In reviewing the section 8 requirements there is a one sent...
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I'm looking into buying multi unit industrial property. What are realistIc loan terms?(I know this is a 'multi family forum but it was the most applicable I could find).Having surfed the forums I see people saying 1...
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Hello BP members,Please post here which strategy you prefer and why. Are you fix/flip or buy/hold? What are the pros and cons of your strategy?What are some of your personal investments you are most proud of?What kind...
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At what price range properties are worth while to do cost segregation? Is it required to be completed by a CPA or engineer only? thanks.
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I have done some initial research and found this a rather controversial subject but here goes...I am currently a pass through entity and file as such. This means that all of my income is passive and that I can't contr...
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Hello,I don't need a cargo van for my business at this point in time but after having reviewed the section 179 guidelines, it seems like it might be beneficial considering the tax bracket and financial position my bus...
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Hi BP,
I have currently owned my property for 6 years and am curious to know if I rent it out for one year, then sell, will I have to pay capital gains since it's been rented for less than two years? Or, since I hav...
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Hi everyone,
I purchased an investment property in 2017 for 67k and I’m selling it today for 91k. I am wondering if I will be charged capital gains on this considered that my wife and have travelled overseas for the...
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Here is my situation. I inherited an ira and had to set up an inherited ira, non spouse. I am wanting to cash this out and buy more properties. I talked to the company holding the ira and I don't have to pay the 10% ...
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Brandon mentioned in his blog here:http://www.biggerpockets.com/renewsblog/2013/11/05...that if you own a property free and clear you could lose 50%+/- to taxes. He didn't say much more than that but that took me as s...