Hey all, I'm a noob to all this but had a question and looking for some guidance. I have two out of state properties, both mulifamily. I owner occupied one and bought the other as an investment. The investment propert...
I don't understand how investors say I dont pay taxes, is that for the advanced investor with many properties or assets? I have 3 buidings and from what I gather, I want to show on my schedule E that my buildings are ...
Hello everyone. Its been a while since I've posted on Biggerpockets but I'm constantly consuming video content on YouTube.
My name is Ray and I'm a Real Estate Investor in Rhode Island. I'm currently finishing up a R...
Has anyone ever purchased a deal where a municipality owns the land and the improvements and rents it to the tenant to sublease? This example is an apartment complex in an industrial area owned by an airport. The "ren...
After I sell my house I'm going to make 49k profit. I want to build a couple 4 plexes with the money but don't have all my ducks in a row yet. When I get the money, how do I avoid paying capital gains tax and how much...
Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...
Real estate investing can be a powerful tool for building wealth and achieving financial independence. Here are some of the key reasons why:
Appreciation: Real estate has historically appreciated in value over time, ...
I'm looking for my first investment property in Chicago markets. I'm interested in higher-than-average income neighborhood, even better with upside possibility (gentrifying). I'm mostly looking at urban, smaller size ...
For those that have built ADUs in California, especially the Bay Area, have you seen your property tax increase a lot after the ADU build? Do you know how property tax is assessed for ADU? I know they are assessed sep...
Hello everyone, my name is Rich Mohn and I am a resident of Illinois. I am a frequent "lurker" on BiggerPockets! I do appreciate all of the tips that you can pick up on here, it really is a very useful site.
My sit...