My condo is an HOA that is suddenly non-warrantable for conventional financing. To save money, management raised the wind and hail insurance deductible from 5 to 10 percent. That exceeds the 5 percent max allowed by ...
Hi all,I am looking to set up a self-directed IRA with money transferred from a previous employer 401(k) to invest in a duplex in OK. The purchase price is $250K and I would be going in with a partner, likely by creat...
Hi Pros,I am planning to invest in RE Syndication through SD IRA and want to understand tax hit on return. I will be investing as limited partner in Syndication which will then hold multi-family or commercial real est...
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
Technical professional working full-time ready to return to real estate investing. Have done a couple re-habs in the past, interested in the same as well as rental property. Have substantial IRA assets to work with, w...
Good Morning Bigger Pockets Faithfuls!I found a great multiy family rental, it has 7 total units and I think I can get it at the right price. My remaining issue is the tax implications of owning the property, I have t...
Hello- My tenant signed a one year lease (after completing a two year lease) in July. They just called two days ago (October 10th) to tell me they are breaking the lease and will move out and stop paying rent Novembe...
I know some landlords that manage their own properties and collect their rents personally. I know some that record this income on their taxes and some that don't. Should landlords file rental income on their taxes or ...
I have a property that I am working on but wanted some feedback from the pros! This is a triplex in a medium sized community on the edge of their downtown by a junkyard and jail.Purchase price: $135,000Rents: $1,800Te...