What actions would you take?
Greetings everyone, I am a newcomer to the Bigger Pockets forums, although I have been following various BP YouTube videos for a while now, gradually gaining insights into real estate inv...
Hello Everyone! So I have an interesting situation. I am currently a home owner which is undergoing relocation for work. I am moving from Miami, FL to Jupiter, FL. Current Property has market value of Approx 480k....
Folks, I have a question about a scenario. Bought SFR at $235k (Depreciation base: $200k) in 2016. The property depreciated for 7 years Loan on property: 200k ; Current market price: $360kIf I do 1031 exchange...
I'm acquiring a land contract with a buyer already in place. LC states they are to have insurance but doesn't specify what kind. Do they get "home owners" or "renters coverage" and is my llc listed as "mortgagee' , "c...
Hello,I am wondering if I should add my investment property "business" and name to LinkedIn. I hold a few properties personally and in an LLC, but am unsure if I should add it to LinkedIn. I am hoping this will show a...
Accounting question....would a new appliance for one of my rentals be considered a maintenance expense or cap ex for accounting purposes?Would that change if it were a flip project? Thanks.
Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.
Hello everyone, I am Kyle and recently left the military to pursue full time real estate investing with my business partner, Darren, who I attended West Point with. We now live in the Hampton Roads area; more specifi...
I Just sold a property that I owned for 5 years for 400K and have 2 replacement properties identified.Property A, I have been in escrow for the the last which had title problems and is nearly resolved (at purchase pri...