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...

I'm asking this question because I'm getting different answers from different CPAs as to how much I would save.  I'd like to sell one of my rentals and put the proceeds into stocks instead, but if the tax hit is too h...

So I keep hearing on different podcasts about the benefits of cost segregation and bonus depreciation for real estate investors. I just listened to a podcast that had an owner of a Cost Segregation company, and he sa...

Hey everyone! My dad and I are going in on our first deal, but need to play with some numbers to make it work. (In Lansing Michigan btw) This Triplex’s utilities are currently paid for by the owner (approx. $500/month...

When house is sold, does IRS tax BOTH reclaimed depreciation and capital gains? We have a small house in FL that we built in 1978 and rented out ever since. It is fully depreciated, and is in very rough shape. We've b...

Hello BPers,I have a question about the sale of my primary home that has been rented for the last year. I lived in the home for 2 years and it was my primary home. Had to move out of state due to work. I was not able ...

I’ve been invested in the Ashcroft syndication fund since 2021. The GPs recently paused the class B distributions on account of high debt service fees and obligation. They had purchased rate caps and that helped pay f...

I am looking at getting my real estate license, but had a couple questions. I have listened to the podcasts, read some other posts, but still was a little unsure how this worked when you are an investor and working fu...

Hey BPers-I am beginning to search for my first deal which will be a flip.  Before I go full steam ahead, I need to line up my financing.  I have been researching and talking to my mortgage broker about obtaining a HE...

Hello everyone,I need help in deciding whether to go forward or not with this investment property. The list price was 85K. I am now undercontract at 81K. I asked for repair adjustments of 4K and they accepted. Now the...