We found a house we’d like to purchase to rent but we’re not confident that we could get top rent in its current condition. Regardless it could be ready and available to rent by year end. Can we cost seg and take bonu...
Hello fellow house hackers!This is more of a tax savvy question. I have my primary residence and currently renting out my studio basement. Can I deduct all the expenses (materials from Home Depot) from fixing and upg...
I have 26k to play with on a cash out refinance. I am in the process of buying a duplex but I have some concerns. 75k is the current offer they gave me. I don't want to pay closing costs. The owners are paying for h...
Being a landlord can be a lucrative proposition, but unforeseen expenditures can put a damper on profits if they aren't calculated into the rent beforehand. The reality is that the costs of a rental property extend fa...
For a property in Texas, a primary residence for over 20 years and owner financing the sale when does capital gains taxes get calculated? We are trying to maximize the amount of money paid to the owner and ensure they...
I'm curious if I will be taxed differently if I assign a deal, versus closing on the property then selling after the fact. I might be thinking way too hard lol, thought it was wort asking!
I apologize i advance if this is not the place for this. I've been learning all I can to ready myself for an entrance into real estate in the next few years and have run into a problem that I think I'm missing a piece...
Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...
Hello everybody! Thank you for taking the time out to look and respond to my post I really appreciate it. I'm a brand new investor and I'm currently deployed I going to buy my first investment property when I get ...
Hello everyone, I am looking into buying a 6 plex and have a question based on reading other threads on this forum. From what I have read a commercial lender is going to want rent logs to analyze this deal. The seller...