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Results (1593)
David Cherkowsky Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies

I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...

Eric Stanley Frustrating
12 July 2016 | 22 replies

This may be a noobie question but how is it possible to get into real estate in an area that is booming? I live in the Portland Oregon metro area and the prices of both single family and multi family houses are so muc...

Callum K. Repayment of 2008 first time home buyer tax credit
21 February 2014 | 24 replies

In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...

Tony Marcelle How should new investors approach private lenders?
4 September 2019 | 11 replies

This is for the new investors just getting started. How should they go about approaching private lenders for capital to purchase property? Which would you say should come first? Find the deal first or find private len...

William S. Tenant signs lease yesterday, next day wants out?!
6 May 2017 | 42 replies

I have a tenant that signed a one-year lease yesterday. During the interview process she said she was downsizing which is her explanation on renting. The very next day (moving day) I get a phone call saying she wants ...

Curtis M. How do I structure the terms for my investor (first timer)
11 February 2012 | 21 replies

I'm a Real Estate newb. I'm a successful business person, but this is my first stab at real estate. Ultimately I want to do this to allow my brother to quit his blue collar job and do this with me full time. But I ...

Rory Kinnear Starting REI with low income, high capital
18 October 2017 | 17 replies

Hi folks, I've been researching how to get started with REI (house-hacking/duplex, or SFR with roommates), and am wondering what sort of strategies people use when starting off with lower income but high starting capi...