I have a 3BR rental coming up as my first rental and applicant is 3 adults and have been told they're splitting the rent in thirds. Do I have all 3 complete the application on SmartMove? I imagine I would want to kn...
Is it better to claim everything you can as far as write offs or pick and choose? I've had people tell me both. I'm a new 4plex investor and I'm pretty clueless on doing taxes for real estate business. I want to buy m...
Hi BP! I hope everyone is well. After listening to numerous BP podcasts over the past several months, I felt it was time for me to jump in and become an active member of the site. I am looking to purchase my first ...
Hey Everyone,I am a residential mortgage lender taking my first dive into real estate investing. My main focus is cash flow to grow long-term passive income. I have always wanted to buy a 4-plex as my first investment...
Rental fraud is a growing problem in the real estate market. According to Snappt's Top Twenty Fraudulent Cities for 2022, the Dallas-Fort Worth (DFW) metro area has the third highest fraud rate in the nation, with 13....
I currently have a 30 yr fixed at 2.5%. Looking into buying a new primary home. With current rates, I am only thinking of a 5yr or 7yr arm. Never taken an ARM before. On a fixed mortgage, i could pay extra payments (o...
I bought my primary residence last year and was not able to take any deductions. My accountant says going for itemized deductions did not make sense in my case because I will get a higher deduction on standardized. I ...
Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...
If I sell a fourplex, roll the gains (1031) into a single-family home purchase, rent it out for a couple years, then live in the house for two consecutive years, can I completely avoid capital gains from the fourplex ...
So...
can I take a qualified capital gain and create my own opportunity zone fund , then inlist a turnkey operation to sell me a house in an opportunity zone the charge me for the rehab after the sale and cover the b...