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So i'm looking to getting my feet wet in the real estate ownership world and making my first deal by purchasing a multi-family in NYC (Bronx). The most difficult obstacle I see is that the market is way overpriced and...
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How does the 30% tax credit for solar on commercial work? I'm looking to put a system on my multi-tenant retail building. I'm not considered an RE professional so my deductions are capped against my ordinary income. ...
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Last year, I was living in my primary residence and working on a flip for much of the year. Since I had a house that wasn't generating any revenue, my DTI was about 55 percent, as shown on my 2020 income tax returns. ...
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Real estate investmentIf you're serious about building wealth and securing your financial future through real estate investing, you know that financing can often be one of the biggest hurdles. Whether you're a new inv...
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Hey Everyone,
My name is David and I'm 30 years old, from Montreal, Canada.
I've been researching REI for the past few weeks and yesterday stumbled upon BiggerPockets. I have been blown away by what I've read here. ...
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My wife and I own 50% of a rental property with another couple. The other couple also has 50%.
They're separated and are getting a divorce, so we're going to dissolve our partnership.
My wife and I are trying to de...
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I'm thrilled to begin my journey into buying short-term rental properties. The idea of owning and managing vacation homes that provide memorable stays for travelers excites me. It's a unique opportunity to combine my ...
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What do you think is easier to achieve; $400K per year in net income, or $5mm in net worth? Or a similar question; which do you think you could achieve first?
Is real estate the easier path toward one or the other?
...
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What are the tax implications of investing in an equity syndication deal as a limited partner?I’m considering investing in commercial multi-family equity syndication deals through a crowdfunding platform. I’ve reviewe...
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So I have been finding out the hard way that rental income does not always count when qualifying for another mortgage.I am house hacking our primary residence. Although I collect rental income from our long term tenan...