Hi Everyone,
I am new to the landlord business....and I've been doing a lot of research in the past few days to get ready. I've compiled a list of steps that I need to do before I find tenants, and I wanted t...
I borrowed cash from my canadian corp to buy rentals all cash in the florida market. I will wright up a loan to myself from the corp to an interest rate that will completely offset any tax owing at years end from the ...
so I'm looking at getting my first rental property.I will be buying a duplex from my grandpa and residing I'm one side.It has a long time tenants that he has never had problem with.I am offering 200k and will be finan...
I have be investing in Real Estate in Maryland since 2009. I have done a few flips, but most of my deals are buy and hold. I have currently done more than 100 deals. I have also set up a Property Management Company...
Well after a hiatus from trying to do Wholesaling 3 years ago, I am trying to get back on the horse...I am I guess still a 'newbie', nevertheless I have a question:
I have a an Absentee owner, who wants to get rid of...
Hi all- My husband and I are considering selling our short-term rental property in Vermont to pay our kids' college loans, and we're looking for input to see if we are missing anything in the big picture.
Here are ...
Tis the season. End of the year. The season of Bigger Pockets investors posting 10 nearly identical "Looking for a CPA" messages per day.
Disclosure: I am one of those people you are looking for. But this post is not...
Hi everyone, need some help here. I currently own a 2 family property that I will have paid off in a few years and starting to think about how to reduce taxes and maximize gains. Background:purchased 2 family (2 2 b...
I found this deal located at 2564 Lewis St, Jacksonville, FL 32204, and was wondering whether it was a good deal or not. It's a duplex and he is asking for $89,000, but I feel like I could get it for $85,000. Rents i...
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...