Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Dennis O'Loughlin
Taxes and Refinancing with BRRR
2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?Second question. After you Rent an...
Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
Hello! Just wanted to share some notes on my experience with RentRedi. I was not going to but I noticed BP is now promoting RentRedi again on their recent podcasts so just want to share with others before people deci...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Anthony Rega
Seller Financing Tax Question
If a seller, who files taxes as "married filing jointly" and has owned their primary residence for over 2 years without any outstanding mortgage, wishes to sell their property for $750,000 and agrees to finance a seco...
Albert Young
How co-borrowing impacts future debt to income ratios
I recently purchased a triplex with my in laws. It is a shore property that we plan on renting two of the units seasonally and keeping one unit jointly for our own use over the summer. Both my wife and I as well as ...
DJ Cummins
wood panel vs drywall
if an entire house has that old wood paneling,would the arv of ripping out and deywalling be worth it?
Greg Martin
Decpreciation Recapture question
Hey everyone,This is probably a basic question, but I couldn't find an answer on here. I came across a seller who wants to sell her property, but she thinks that she can't sell for some reason. She said that a CPA a...
Tea Houck
Pre-marriage: buy investment property now or wait?
Hey BP community, newbie here. My fiance and I are both excited about investing in real estate and are wondering if you can help us with this-- should we wait until we get married to buy an investment property togethe...
Jared Dewey
Next Trending Real Estate Strategy
Pretty new to the game of real estate here. People talk all the time about amazing strategies and then others chime in with their opinions that the strategy is dead, it doesn't work any more, etc. etc. My question to ...