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BP Community,
Since the government's stimulus package for 401k investors has come out I've been thinking about taking money out of my savings and either paying off my high-interest mortgage or simply buying another ...
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Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...
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I live in Washington near the border to Idaho. I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes i...
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I’m still learning the financing part of the real estate business but can anyone help me understand the llc aspect of real estate? What’s the person of having a llc when from my understanding you won’t be able to appl...
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I'm Trying to give a complete picture so I can tap into this great resource of BP. I own a commercial property, no mortgage. Two appraisals 3 years ago $1.8MM. Raleigh NC, so unlikely to have gone downRent $10,400/m...
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Hi I have a property in San Jose California that I bought in 2011. It was my primary residence until last year when a job took me out of state. I still own the property but it is now a rental. I have rented it out ...
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While using an IRA to invest in property that's been foreclosed on is a fantastic option for increasing tax-free earnings, it's just as important that long-time and new investors know the potential pitfalls and benefi...
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- Any advice?
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Good morning everyone! So I’m thinking of leaving federal service and moving what I have in TSP into a self directed IRA in order to purchase some rentals. I understand that all the income generated by that property n...
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Hey yall! My name is Cole and I'm from middle Georgia. I own two small businesses and currently 1 rental property. The rental property I have is our first home which was an FHA loan and cash flows 425 per month.
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