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I am under contract on this property in Glendale, Arizona. I am bullish on the location and the building. The revenue projections seem reasonable to me because I have another STR in Glendale with 4B2B that is on tra...
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Hello! My name is Nick Mullins. I'm 26 and bought my first multi unit this March in Bangor, ME, which is where I live. I'm hooked on the idea of people paying off my mortgages allowing me to accumulate equity ASAP!...
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I’ve done my own taxes in the past, but due to the increased complexity and scale with a few BRRRRs this year and selling another investment property in the near future I’ve decided to start utilizing an accountant. D...
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I'm looking for some creative, but ideally justifiable thinking on this topic. Thank in advance for any thoughts.
Here's the deal, I am evaluating a property that is in a commercial zone but can be used in a commer...
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I am doing some research to explore if you can do a Bonus Depreciation on a home you reside in and rent out (half the home) on Airbnb to traveling professionals. And would doing this be worth it / Looking to reinvest ...
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Okay BPers....I need some input.First - a quick intro. I am new to REI and this will be my first investment. I will be making these purchases through my Solo 401k so the usual tax benefits don't apply and my up fron...
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Hello all, we are looking at building an assisted living facility, but we are not sure what way to take this. I am looking for anyone who is knowledgable in this arena. If you would PM me that would be great. We ha...
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Hello All,About a year ago I purchased my first home. It was in terrible shape but the price reflected that and we enjoyed spending the 4 months completely remodeling it.Fast forward to today, we are moving to a new h...
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Here's a 529 plan question for the tax gurus...
I setup a 529 college savings plan for my youngest years ago. She now is in college and earned a full scholarship, so she doesn't need the 529 plan funds for her underg...
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Hello, I recently purchased a mixed use property for $390K. Gross income of about $76,800 right now.Income: $76,800Taxes: $9,344.68 (from which one tenant pays back $2251)Insurance: $5,108.00 (from which one tenant pa...