David B.
Depreciation to wipe out taxes from early IRA distribution?
Let's say i take an early distribution from my IRA, and buy a rental property.Can I use the new accelerated depreciation to wipe out the taxes that I have to pay on this distribution?
Corbin Brandt Daviston
Middletown Delaware duplex life
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Middletown.
Purchase price: $205,000
Cash invested: $6,175
House hack, 2225sq ft duplex. I currently live in one unit whil...
Victor Longinotti
BRRRR, improve units or add unit.
We are doing a cash out on one property to purchase another. We are a self-employed family buying rentals on the side to hold. The current property we are looking at buying a triplex. This house has some room for i...
Cliff Nimako jr
I need help and good advice
I need help ASAP I’m trying to do too much! 1st) I own a house that was deeded to me in 2014 (in New York) but a forclosure process started in 2016 that I had vacated back in 2008 btw the forclosure is NOT in my name ...
Ellis Dudley
Water Link in one of my tenants rooms do I discount rent until?
How should I treat rent payments/no occupancy problems when I have water leak in room that is being repaired? Should I put the one tenant in a hotel? Adjust rents? There are 2 tenants in this 2 bedroom apt with a livi...
Eric Koelling
Your next income-producing asset? Water heaters
What do you guys think of this?The incentive is $20 per water heater. You must have a minimum of 25 water heaters. With 25 water heaters, you'd get $500 backhttps://www.portlandgeneral.com/business/get-paid-...I don't...
Ryan Lesley
Tax Changes 2023 (Federal/Colorado)
Hey BP Nation,
This might be stale news to some, but I just wanted to share a few tax changes I have been sharing with my clients and thought was interesting. As the title reveals, they are Federal changes with one ...
Rodney Morris
Selling under land contract while using an agent
A little background:I am a month into trying to sell my first flip. My original thought was to sell it FSBO, but found a multi family on MLS. Our bid was accepted but it was contingent on us selling the flip. We liste...
Rick S.
Tenant Prospect
I have a tenant prospect (family of 4) that need to rent my place out for 8 months because renovating their current home. After the 8 month term, the lease will go month to month until they move out.
During the sc...
Allison T.
Tax re-assessment in Atlantic City
Hi, I am looking into Atlantic City now for multi-family housings.Property tax is so high in the city compared to the current market value of the properties.For any of you who are experienced in this, how easy is it f...