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 ...
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 ...
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...
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...
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...
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 ...
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...
- Any advice?
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...
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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