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Hello,I was wondering what is the impact of rental income on your modified adjusted gross income (MAGI)? Do you get to take all the deductions and depreciation from the rental income before it gets added in against y...
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I have a deal I'm trying to get closed before the 2/5 auction. quick break down:Homeowner has passedSeller has already went through probate.There are 2 minor children involved the 2 kids were born to both parents.I r...
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Quick questions BP. I purchased a home that's about 2 hours from me. I've sold a couple of homes in this same area. The ones that I whole-sold have all had lock boxes on them and it has never been an issue. Since I pl...
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should i get it in call or on line how is the process
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I am in Washington state (king county). If you sell your home "for sale by owner" and list it in the MLS, do you need to order a certain lockbox for keys?
When I look at homes, sometimes I see the old keypad lock box...
I rented out my original house for 7 years, my tenants have now bailed and I'm done! I am fixing it up to sell asap. I know I will pay capital gains and have to pay on the depreciation. I am trying to find out WHAT ...
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In real estate wholesaling, time is everything. A lead can come in at the most unexpected times, and how quickly you respond can make or break a deal. Here’s a story that illustrates this point perfectly.
A few years...
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Hi there - I thought I was all set to start my investment journey before I spoke with my financial adviser yesterday. Now, I'm confused and could use some help. Here's the sitch:Before I discovered Bigger Pockets, I w...
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Hello Bigger Pockets!My wife and I acquired a 6 unit apartment building in July of this year. Three of the units were empty when we purchased it. One of the three units was fully renovated and we rented it immediately...
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The fact that we are novice in this business will shine through in this post. We purchased our first investment property as a foreclosure on 9/2/16. The idea was a BRRR approach. On top of the $65k price tag, we put...