If you have bought a property in Allegheny County, PA from 2019 to 2023, you could be missing out on huge property tax savings!
Recent legal changes regarding property taxes in Allegheny County, PA have created a new...
Hello BP community! New member to this page and would like to connect with newer out-of-state investors. I am currently in the very beginning phase of my real estate investing path. Would like to connect with new out-...
Hi everyone, first time posting here. I could use your help with the following two questions - How do I enter depreciation on my taxes if my property was used as a rental, then my personal residence, then rented out a...
Do you invest in these Qualified Opportunity Zones (which can potentially be rough areas) for the tax deferral and appreciation benefits if the cash flow is not as good as another area?
I'm on the fence if this is a ...
Hello BP!
The Portfolio: Five multi-families (All 3 units, excellent
tenants, excellent locations, well-kept). Purchase price: $1.3M. Value today:
$2.5M
The Background: My landlord (let's call her Sara) owns 5
pr...
I've read a lot about investors pooling money to create a small fund where one is the GP and the investors are the LP. Generally, the GP only invests 1-10% of the acquisition or development costs and structures the de...
I have a two family i currently occupy which has washer dryer hookups in the basement. My downstairs tenants have a washer and dryer hooked up in the basement. I am in process of moving out and looking to rent my ap...
A little background, I own and live in a unit in a 4 unit condo. About 6 years ago, I became the treasurer of the condo association, mostly because nobody else wanted to do it. The previous treasurer knew almost not...
I need help! Ready to get started investing in both flips and rentals. However, we have about $100,000 of debt in Parent Plus and other student loans ranging from 4% - 8% COMPOUND interest rates. Our house is worth ab...
whether you're a new Investor or a veteran in Chicago Real estate, this is pretty much everything you need to know about Chicago Multifamily property taxes. Cook County has an effective rate of 2.10%, almost double th...