Heidi Ann Faller
Negative AGI from rental properties - how to carryforward and use
In 2021 I had overall negative AGI on my personal return due to losses on rental properties. I had no tax liability in 2022 and now here in 2023 I do. How/ where do I utilize that prior loss? Is it an NOL on Schedule ...
Stephen Sokolow
Buying a Pre-Foreclosure
Hi,I wanted to get advice on buying a pre foreclosure. The person is asking $160,000. Realty Trac shows that the mortgage is for $130,000. I plan on going to the recorders office tomorrow to find out how much the judg...
Cassidy Burns
Client Success Story- Washington DC House Hack
Good Morning BP,A lot of BP people ask what the best strategy to get started in real estate investing in Washington DC. I am going to start sharing client success stories, on how they are investing in Washington, DC...
Rick Reeder
Help parents via seller finance?
Hey BP community. My parents are retired and on a fixed income. They have a small mortgage on their home that is worth about $225K. I’m looking for a creative way to provide them with some cash flow, maybe via seller...
Schadrac Mertis
Making the numbers work with house hacking
Hey guys currently Jarrell in a SFH looking to house hack a duplex 3 bedrooms and 2 baths on each side in the Austin area with a family of 5. with the price of most duplexes in Austin without betting on appreciation, ...
Account Closed
Effects of depreciation and interest expense.
Anyone able to shed some light on how you personally figure in the savings of interest expense and depreciation on your investment? I have heard a ton about cash flow, but there is the other great tax benefits, altho...
Navin Kumar
Is 80% ratio between expenses and rent too high ?
Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
David Robertson
What expenses are included in the 50%?
When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.
Shiloh Lundahl
What are your MOST CREATIVE WAYS of getting BANK FINANCING?
As many of us have come to find out in real estate investing, our ability to grow a real estate portfolio is highly dependent upon our ability to leverage our money. Or, in other words, use others people’s money to ma...
Ishtiaque Hussain
Should I sell or keep our condo?
My wife and I have a condo in Bala Cynwyd near Philadelphia. But we recently moved to New Jersey and bought a single family home. Now we have rented out the condo and have a good tenant - which covers our mortgage for...