Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...
Has anyone actually made enough cash flow to use their property depreciation?
BP friends & family! I would love some advice on a situation we've run into with a triplex I'm trying to purchase just outside Detroit (River Rouge, MI). I'm still learning the technicalities of this, so forgive a...
I wonder which BP forum this question is best suited for? Suggestions appreciated. I think it's mostly a tax question?Here's the sitch...We took on a significant single-family rehab that for lack of a better term, "ha...
For the folks that have househacked a multi-unit property, did you have to get only a homeowners policy, only a landlord’s policy, or homeowners for the unit you lived in and landlord for the other unit(s)?
Currently have 3 rentals carrying legit losses on my tax return for a number of years now. I understand that this will be useful when I sell, in order to reduce my capital gains tax. It also reduces my AGI from my 9-5...
Hey guys,
I'm looking to buy a single family home in fairfield county in connecticut. It's about 50 minutes drive (assuming no traffic) to NYC so property ...
I'm looking to buy my first investment property in Merritt island or Cocoa Beach Florida area and I would like to know if there are others who roll the dice on not carrying a full home owners insurance policy. I would...
I live here in Santa Barbara and I understand there are deals in every market. For example I could find a cash flowing deal with certain owner financing terms or master leasing but other than that you need your loans ...
Hello BP Community,My name is Shawn Roys and I am new to real estate investing and (relatively) new to BiggerPockets.My wife and I currently live in Orange, CA, but are moving to Anchorage, AK (I was born and raised i...