What is the legal definition of full time residency once you’ve purchased a property under an FHA or conventional loan? Does it differ from bank to bank in regards to the conventional aspect? Would 178 days out of a y...
Anyone own an LTR in Lake Arrowhead? What is the demand for this, are you able to find quality renters, etc.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Hello everyone! I’ve been using bigger pockets for a while now and have just been trying to get as much info as possible. I finally feel like I am ready to purchase my first property but I kind of want some feedback f...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $475,000
Cash invested: $36,000
Sale price: $700,000
Contributors:
John Whitney,
Victoria Lode...
Hi All, So I did some looking around on the forums within this sub-topic and it looks like there are numerous recommendations for CPA. A question I have is about how much does it cost you to get the taxes prepared wit...
Dear all,What's the definitive answer - and preferably pointer to authoritative resource - regarding deductability of interest on HELOC with the passage of new Tax Law? I do realize that HELOC interest deduction now o...
Greetings,
My name is Matt and I'm currently living in Manhattan Beach, CA. I am completely new to real estate and I'm anxious to learn from all you fine people. I'm interested in buy and hold properties, ...
We are BRRRR'ing an 8 unit building in Hampton Roads region of VA, this one resides in the Ocean View Section of Norfolk. We are 7 weeks into our 8 unit rehab, for weeks 1-5 see https://www.biggerpockets...
Hello,I am involved in a multi-state partnership that is interested in investing and flipping homes in New Jersey. One of our partners has an established LLC in North Carolina and the LLC is pre-approved for hard mon...