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The idea is simple I just don’t know if I am missing anything. The interest on my primary home is not tax deductible versus the interest in rentals being tax deductible. I am thinking about cash out-refinancing my ren...
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Situation: All of my assets are now liquid. Currently renting myself. Looking to buy a primary residence and 1-2 income properties. Because rates are so low, I would like to conventionally finance (20% down) a rental ...
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I’m new to Bigger Pockets and have a question I haven’t seen addressed. I am a 15% owner of an LLC that is selling a manufactured home park. Can I do a 1031 exchange for my own private residence that I am converting t...
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Has anyone taken advantage as a landlord of the Section 168 Bonus Depreciation of vehicles over 6,000 lbs GVWR?
It looks like there are a lot of small businesses out there doing so, per a few Tesla forums I read:
ht...
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Hi,
I am a first time buyer looking to buy a multiplex using the VA loan.
If I want to rent out all the units, do I have to refinance since the VA loan requires that it be your primary residence? Is there some othe...
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Hey BP family !So me and my wife are considering selling our primary residence due to my neighborhood market being red HOT right now. Homes are selling within 1 week to 2 weeks tops over here and doesn't seem to be s...
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Hi Lenders & Knowledgeable People :)I have a client who cannot show personal income but has a business with steady and healthy revenue.They're looking to house hack and are wondering if it is possible to put down ...
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I currently own a home and considering downsizing for a short while in order to focus on purchasing others as either flips or rentals.
What are some tax thoughts I should pay close attention to in order to maximize m...
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Hello;
We need a primary residence- it's where we work- and it is in a market in Florida that is overvalued. After reading and hearing multiple sources regarding how much longer this soft market will continue -many ...
Hi,
I am considering to buy a land deal in Nevada with other friends of mine and we are looking to set up a multi-member LLC in the state of Nevada for this. The LLC will only hold the vacant land for the moment and...