Hi,

I am trying to fully understand taxation of rental properties before I make my first purchase. The scenario I'm looking at is a buy-and-hold strategy (100% cash) that would generate a moderate amount of income (...

Hi everyone, I’m trying to acquire a property in Albany, NY. Do you think I should go for it based on the numbers below?The property price is $205KTotal Monthly income from the 3 units: $2,583. Monthly expenses: $2,32...

I believe I understand the base calculation for the replacement property in general. However, I am not clear on whether paying broker fees outside of closing could make a difference or be (tax) advantageous in certain...

Hello everyone, i just signed up to Bigger Pockets tonight after about reviewing the sites content for about a month. Best site I have come across to date. With this said, I am fairly new to RE investing, I boug...

Selling a property and buying another. Going 1031 exchange route. Can't seem to find out about putting money into each house. If I make improvements to the one I'm selling ($5000k in wood floor refinishing and some ca...

Hi everyone, I've have a rental I co-own with my father. We bought this 3/1 in northern California in mid 2008 for 126K thinking how much lower could it go? Today it's worth around $75K with around $91k remaining on ...

If I use all my tax write offs and reduce my taxable income to 0 will that reduce my buying power in the future? In other words...will banks still count the income from my rental property when trying to qualify for a ...

Hey everyone,

I thought I would start a thread to try and collect everyone's experiences on the best/most effective ways you have cut your expenses on your landlording business.

I'm brainstorming on the...

This year my AGI was over $150k and therefore passive income loss limitations eliminated my ability write off losses from my rentals. I am not a real estate professional and I don't see that as a viable path at this t...

Just because a tenant pays on time doesn't mean they are "good" renters. This tenant always paid early, communicated well, never had a single lease violation.Our office policy is to inspect at least once a year. One o...