Bought a house mid 2015, did rehab work on it over several months, sold it in 2016 at a total loss of $25k or so.My question mostly is whether that loss can be depreciated or carried over several years, or has to be t...
With the recent inflation hike, I’ve been asking myself – will it be possible for banks to change the terms of existing fixed rate loans in the future if really high inflation hits (aka hyperinflation). I am question...
Hello everyone,I live in Washington state and have a few rental properties in Alabama. I want to open a LLC for any future buy and hold deals and keep the properties in an LLC. The LLC will be owned by myself and my w...
Im hearing that I have to use a 1031 exchange agent to handle the money inbetween sale and purchase of the next property. Im hearing $1k+ to handle the process. I'm in TX. Does anyone know anything about this and is i...
Hello BiggerPockets community!I would like to learn more about the impact of a big company moving to an area. Why does that impact the home values? I understand that of course that would bring higher paying jobs but h...
Good morning investors. I am pretty new on the forums here and feel slightly timid about bringing my situation public however I am more concerned about getting on the path to financial freedom, so here is my situation...
I'm looking at buying a condo at the summit in Panama City beach Florida. Anyone got any exp with beach condos in panama? How are the returns? What type of extra expenses should I expect? I'm looking at about 175k range
Now that we will be having a new president soon, i came across an article from marketwatch about the new real estate taxes.
https://www.marketwatch.com/story/10-biden-tax-proposals-that-will-sail-through-a-democrat...
I am looking at a property for an Alabama tax deed. I found it has a lien filed by Alabama Department of Revenue for unpaid Corporate Trust Fund Tax for about $14,000. How would this affect me if I got a tax deed on ...
Hello fellow Canadian investors. I’m trying to structure a vendor take back mortgage. I’m guessing there must be differences in the terms in Canada vs USA. I am planning on 20% down , then a fixed payment based on ...