Rebecca Beck
Should I refinance my home to buy a rental property?
Hello Everyone, I was wondering if it was foolish to refinance my personal home to purchase a rental property? I'm seeing that it is a trend but I imagine the risk and/or inevitable lawsuit would make me lose everyth...
Pandu Chimata
Depreciation and large taxable income
Hello everyone !I heard that we can/should claim depreciation (if available) on the rental/business properties every year. Obviously, this will help paying less or no taxes at that time.However, when you sell the hous...
Will Peters
Handwritten Direct Mail Services
Hey BiggerPockets. This is my first post on the forums. I have been reading up on past posts and listening to podcasts so I'm fairly familiar with the site and the forums. I have just completed the first round of my f...
Gabriel Graumann
Land Development Turned Into an $315,000 Assignment Fee
Investment Info:
Other other investment in Meridian.
Purchase price: $2,050,000
Cash invested: $35,000
Sale price: $2,400,000
Started as a two property assemblage deal, tying up two adjacent parc...
N Wong
Depreciating a rental home that used to be primary home
I am doing taxes for my parents. They have a home that they bought 30+ yrs ago. In Jun 2011, they moved in with my brother and rented out their home for income. Besides social security, that is the only source of i...
Ndy Onyido
What is the ideal annual property management and vacancy rate?
BP Nation,I am considering picking up an investment property from a turnkey company. Turnkey, because I am an out of town investor. However, the terms include 10% management and vacancy rate, which I find absurd. Does...
Nicholas J.
Form 4562
So looking at form 4562 on last years tax return, what might be the value on line 17 for somebody with 1 rental property. I purchased a rental home in 2012 for 120k, line 17 on my tax return says $116...I'm not so su...
Kaylah Hennen
Novice Questions =)
Hey everyone! I just joined BP a few nights ago and I'm really loving what I've seen so far. Everyone here that I've seen seems to be very genuine and helpful =) I'm extremely new to real estate investing. I got reall...
Account Closed
General contractors license in Philadelphia
I’m asking for a family member , what’s the steps to getting a contractors license in Philadelphia?
Cliff H.
Air freshener recommendations?
Hi folks. I’ve seen great results in my STR on focusing on making the space more relaxing and with small elements of a spa-like experience. Along these lines, I’ve been seeking a better alternative than glade plugins ...