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For example, I set aside a specific amount for each rental. Each year it comes out to about 7,500 in reserves to cover vacancy, maintenance, for each of a small handful of rentals (let's say 3). It's really rare I hav...
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Hello BP community. I recently got my taxes done and was told I couldn’t deduct the rental loss due to my income for the year. What are my options here to capitalize on the tax advantages for next year? I have an LLC ...
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Hello all, I am Eric Tao, active military currently stationed at Fort Hood. I am looking to start investing in the Killeen/Cove/Harker Heights area and am looking for duplex properties at the moment. Any advice for du...
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Hi I have a couple of single family homes in TN and Florida and looking to scale to apartment complexes. My sister and I are going to form an LLC and start looking for our 1st one in the next two months. Any recommend...
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There are a ton of great ideas on "How To" do whatever needs to be done here on BP, but are there things each of us can do that don't require advice? Is there a natural force that will help you become happier with yo...
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Why are most self-employed investors doing for health insurance?
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Just can't help myself on this one. Article out of Chicago today and front page here in Ft Myers . Fl. You've probably noticed all the fat kids walking around these days. I know why!! Food stamps.
12% of kids in my...
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I’m in year 1—I have been eyeballing RE for years though. I have recently been reading a RE book every 7-10 days and man, have you ever been like “THIS IS A LOT OF INFO!!”I want to do this, and I do believe RE can and...
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Stuck an offer in on a preforeclosure. Did some research and found the sales price in 2003 150,850$. Second mortgage at 55K, they have list price of 199k, I have comparables in the area. I offered 170K
wish me luck...
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I am a painter in the Upper Peninsula of Michigan. I’m looking to move somewhere that is on the ups. Somewhere where I’d be able to make some money and enjoy living. Suggestions needed.