Hi,
Can one of you walk me through how taxes work on an investment property?
Let's assume the following. 50k property.
Income - PITI = $910 in cash flow for the year
Rental income - (Intere...
Hi all – would appreciate thoughts on the following deal:Three family for sale in decent neighborhood Siding, windows and roof all replaced in the last 8 years. Some challenges: Substantial deferred maintenance on the...
Hello BP members!Here is a break down of the properties that I own and how much I have left on the mortgage:Primary Resident250k 3.375% 30yr fixedInvestment Property50k 4.25% 15yr fixed110k 4.375% 30yr fixedMy questio...
Hey BP Members, quick question. We purchased 12 units in July 2017. In November 2017 we added an additional unit. Wouldn't we qualify for the exception @Brandon Hall discussed as Myth #5 in his article '7 Common Myth...
Hello,I will make this as short as possible. I am not sure if this is a rant or just me looking for confirmation on my thoughts, but overall just need guidance. Recent graduate with B.S in Finance. I have always taken...
I am interested in people's thoughts on realistic expectations for turnkey SFHs across different markets, as I am just getting started and trying to calibrate expectations. I have evaluated a few dozen properties...
Hi all! I just moved to Seattle about 2 months back. I've had a chance to meet folks in WAREI + 10x, but I haven't spent much time on BiggerPockets yet. Just wanted to introduce myself here as well :)
QUICK TLDR;
-...
In 2022, I purchased 10+ single family and small multifamily properties. During tax time, I deducted as much as I could. Unfortunately that left me unable to purchase properties the following year. How can I find t...
Hi BP Community,I'm a new investor learning the ropes on analyzing RE deals. I'm interested in deals that cashflow more than appreciation (I'm in it for the long term and happy to wait for my appreciation). I like to ...
When it comes to pulling the trigger on a rental property, what we have is a "paradox of choice." So. Many. Options. It's easy to suffer from Fear of Missing Out, and it's even easier to get overwhelmed by the vast ar...