If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
hi -- i've got a rental property I purchased this year -- I know for depreciation I have to pull out the land value -- is there any set way of doing that? can I just estimate about 20% of the purchase price?
I'm new to all of this, can someone help me understand exactly what a non performing note is? What exactly am I buying, and what are all of my options when selling? All help is appreciated, thanks!
Hello BP community,
I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to ma...
What up BP -Does anyone have a good letter of intent template that they would be willing to share?Thanks
How will the new Texas Senate rulings on Wholesaling, Assignments and Double Closes affect your real estate business?If your real estate investor business includes wholesaling, assignments and double closes, you need ...
Hi
I'm new to real estate, and want to get started in wholesaling. I know a couple that sells their LLC every time they flip a house, can someone tell me the reason behind that ?
Hi guys. Can I please have some insight on pulling Probate leads in GA (Fulton County). I have pulled info for the executor and administrators. However I was under the impression that all of the deceased owned real es...
Hey Biggerpockets Community,I’ve been following this forum and podcast for a few years and finally pulled the trigger on an investment condo in Charlotte, NC earlier this year and have been house hacking my primary si...
I have a flip i bought in October 2015 that was suppose to close on the 31st. But we now have an issue that is pushing it a week. I have never had this problem, but is there any tax law that allows for accrued revenu...