So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...
I'm looking into real estate investing and the first question that comes to my mind is, "what could I potentially rent out a home for?" So I drive around town (Houston) looking at For Rent homes and call a few of them...
Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos. I have about 1 week left on my initial 45 day period to put properties under contract to ...
My partner and I live in the California Bay Area and just closed on our first buy and hold SFH in St. Louis, MO. We're still getting it rent-ready, but we'll hopefully have a tenant in soon. That means that for the fi...
This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...
I'm a little confused on the whole "should I start an LLC or a business in any form" topic. A lot of people on here say to not start a business right off the bat but then a lot of the information pertains to having a ...
My inlaws have a 4 unit property that should net around 10K a month. The PM company tell them EVERY month that between 4 and 7 thousand dollars of maintenance/repair is needed. My inlaws say, "well the building is old...