Gustavo Carrero
My first Buying and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $15,000
Sale price: $208,000
$208000 - $10400 Realtor commission - some fees - mortgage...
Derek Schetselaar
Schedule E Loss - What to Do?
Hey BP,
Question for you guys. If anyone knows a good real estate focused CPA too. Let me know.
Looking at buying a duplex, (second property) and writing off the depreciation on the property
As this would result ...
Corey Dutton
5 Great iPad Apps for Realtors
The iPad seems to have been made just for the real estate professional. And now with a plethora of apps for real estate, the iPad is a must have for just about any realtor. Here are a list of 5 apps that two successfu...
Jieun KimCaywood
Got a House as a Gift and Now Starting On...
Hello, I am a beginner at BiggerPockets. I have been studying for the past six months by reading books and listening to podcasts, and exploring the site's flow and insights.
I am very impressed by the outstanding an...
Cathy Ries
Is it worth tax planning before acquiring rentals?
Is it worth talking to someone to start the tax planning convos if this is my current situation?1. I do not have rental property yet but intend to buy in 2025. Partner and I are planning to finance it together. 2. My ...
Dennis Chiem
Divorce and rentals, options?
Hey BP! My name is on the mortgage but both of ours is on title, of two rental properties. She doesn't want to split them (I keep one, she keeps one). Neither of us want to sell them. She likely won't qualify for ...
Matt Lockwood
minority partner in employers LLCs for builds, W2 or 1099 ?
Hi all,Just graduated college and I'm getting my start in REI in San Carlos, Redwood City, and the general Bay Area in CA. I'll be employed as a foreman on our construction sites building spec homes. Im getting paid o...
Amy Thatcher
Refinancing a mortgage held in another's name.
My father purchased a home with a mortgage in 2005 (I had recently divorced and my finances would not enable me to secure the mortgage). He then added me via a quitclaim with Joint Survivorship. Since that time I hav...
AJ Wong
Dual Licensing: As a Realtor is it worth getting your NMLS mortgage broker license?
The short answer to whether licensed real estate brokers/agents should obtain their NMLS mortgage broker license is: Yes.
I began my RE career in 2003 during the 'boom' times as a mortgage broker. It was my first re...
Pavan Kumar
Real estate depreciation
Hi allJust starting out in my real estate investing journey and have some questions.Appreciate your input.Let’s say, we put down 200k and borrow 800k to buy a 1 million house. We hold it in an LLC. Let’s assume $5000 ...