I'm wanting to get started in real estate investing and I want to know how much I should plan to set aside each month for taxes. Is there a best way to calculate how much the taxes will be on rental income? I am looki...
Hello BP,I am taking applicants for my first rental property. The most interested and promising applicant so far (after only a week) is a middle aged woman who's husband just left her (not sure if they are divorced or...
Say I bought a home for 115k, and 4 years later, it's worth 160k, and I want to sell. How much would the govt tax me for capital gains? I Live in Illinois; if that helps, not sure if it matters what state you're in...
I keep getting asked why I've come to dislike small multi-families (2-4 units) in my area, and I wanted to make a list to see if maybe I'm missing something. I’m not saying small multi’s don’t make sense in othe...
I currently have a rental with 2 adults (husband and wife) on the lease. She called me today and stated that they are getting a divorce and that she wants to stay. I inherited them, but she says she makes enough mon...
Hey Bigger Pockets community!
I'm thrilled to be part of this amazing community of real estate enthusiasts, and I'm seeking your collective wisdom and expertise to help me navigate a crucial decision for my new real ...
You have a chance to cash-out everything you own with the exception of a two houses free and clear (with a net rental income of $2,000/month @ 90% occupancy - taxes/ins. - 10% expenses) in addition you can get just ov...
I was reviewing the condo rules for a condo I am planning to buy as an investment, and it says that owners are not allowed to rent units to tenants with children under the age of 18. Basically, no minor children of ...
Property was quick claimed a few years ago to a corporation "ABC company" ,"John" and "Jimmy" owns the corporation 50/50 ...Now property will be Quick claimed to "Mike".....In the Quick claim who is the Grantor?
1- A...
Timothy here,age: 26 marital status: married kids: 3 (boys) employment: full time job and part time property management current housing: renting I have only been interested in Real Estate for about 7 months, when I be...