Senad Salihovic
How Many Credit Cards Do You Have/Use
How many credit cards do you have? I have 1 that I been using for the last 4.5 years. I read some people have 10 to 20, I am trying to get my score over the 800 mark.I was also looking to apply for the Lows, Home Depo...
Jesse Phillips
Tax benefits ifits to Multiflamiy
Been listening to Real Estate podcasts on BP. talking about tax benefits to investing in Multifamily. I have no experience in multifamily yet. Why are the tax benefits they speak of? Would like some explanation on th...
Jim Brandt
Investment Property or 2nd Home
i have a friend who owns a condo outright. She's on a $500 a month fixed income. property taxes are $3600 per year and HOA's are $300 per month. She's offered to deed me the house valued at $280,000 if i make the HOA ...
Michael Friend
Rental Pay Off
My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...
Sofia De Santos
How to qualify for the pass-through tax deduction
Hello! My husband and I are about to rent out our first single family home (which we currently live in), and was hoping to get some help here. We just created our LLC to help get the pass through deduction next year (...
Curtis Harrison
New to mid and long term furnished rentals
I'm just getting started renting my home. Planning on trying out furnished finder and may try others if furnished finder doesn't pan out. I have a fully furnished 4 bedroom home about 2,800 sqft in Midvale, Utah. I wi...
Ron Singh
real estate for tax deduction (active involvement )
Similar to like Airbnb / short term rental, are there more options related to real estate investment, which can help with tax deduction (i.e w2 income ) what other strategies helping you ? (not looking for passive ...
Farid Moaveni
Do you have to pay taxes when refinancing a home after rehabbing?
Hello,Does anyone know if you must pay tax on the “income” earned after refinancing a home you recently rehabbed? If I invest total cost of 80k in a home, get it refinanced at 120k and get 70% of that to invest in ano...
Max Emory
Home Office Deduction for Renters
If you're a renter and business owner who works from home, ask your CPA about deducting a "home office." There are rules and regulations to be eligible for this deduction but you may meet the requirements and not even...
Julio Velazquez
Seller / Owner Financing
Hello BP,
When it comes to Seller/Owner Financing how does this work when the seller/ owner still have a mortgage on the property? Do they pay the mortgage via your payments, Do you make the payments to the lender....