I bought a lot in Colorado Springs, CO in 1998, had a house built on it in 2000, lived there until 2005 then moved away. Relatives lived there paying below market or no rent until 2014. I rented it out at fair market ...
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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I live in Louisville, Ky, and I wondering what kind of taxes to expect on cash-flow from rental houses and apartments.
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Quick Question: I need some good resources/ online property management sources for drawing up a new lease? I have the previous lease from the previous owner, which isn't too bad. Meaning Im not going to change too muc...
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Hoping to get some advice on the best way to find a mentor for syndication.
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Hello, I have an FHA 203K loan that I closed last year in July on a 3 unit. I would like to house hack again with another conventional loan on a 3-4 unit. Any suggestions on what type of loan I could get that has a co...
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Recently I've visited a few OOS markets (Columbus, OH and Indianapolis, IN) and I've been made aware from another BP Indianapolis investor that Tax Lien Sales are great opportunities to pick up off market properties, ...
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Hello BP Fam, my name is Ilario, i'm 27 years old, reside in Providence, Rhode Island, and i am a total beginner in real estate investing. I've been wanting to get into this for quite some time and now i finally took...
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Hey all, I have an interesting hypothetical situation and am curious to get some thoughts.
Components:
1. The goal is to build a highly profitable, cash flowing rental portfolio
2. A family member offers to lend yo...
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Hi,I purchased a condo in FL in November, we had an issue with the shower in the Main bathroom this week and had it resolved through a Home warranty (that we negotiated into our deal). However when the plumber was the...