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My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity. We currently ma...
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12 months ago, I paid off my first rental SFH property in Boise/Meridian, Idaho. Net cashflow is $1060/month. Comps say the current market value is $230,000. I paid $172,000. Two options I’m looking at;
Sell and i...
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Brandon Turner instigated an unofficial Bigger Pockets meet up last night in St. Paul, MN. It was my pleasure to meet Brandon and a number of other local BPer's. Later I found myself thinking about something Bra...
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I am reading that the mortgage deduction is going to be for loans up to 750k on new deals for primary residency....., how about for rental properties? is that any different? is this capped to 750k total or is it per...
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Hello BiggerPockets family!My partner and I are beginning our real estate investing journey! We've been listening to endless podcasts, reading a lot of the BP books, and perusing the BP forums and blogs as much as we ...
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I'm in my young 30s in a high-paying tech sales with position no plans of leaving my 9-5 any time soon. I have about $150k sitting on the sidelines and have investments in equities and a bit of crypto, but want to get...
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I’m trying to set some financial goals for myself and I keep hearing how I should be specific so that I know exactly what I’m working towards. With that, I want to make sure I’m understanding some of the calculations ...
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My partner and I are in the beginning stages of our real estate business. We have flipped a couple properties and would like some constructive feedback on our newly created business plan.
Thanks for looking and we l...
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"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...