Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...
We are looking at selling a single family rental we have in the Portland area and buying another house in central Oregon - ideally we would like to build an ADU on the same property and live in the ADU while keeping t...
So I am in a dilemma should I as a new wholesale real estate investor start an LLC to hold my properties when flipping the contract or should I go ahead and get my Real Estate license?
We're doing some planning for next year to reduce taxes and I was hoping some of our more astute investors could give me some ideas about generating large depreciation expenses to reduce passive income. The following...
I am hoping to get some help on a situation we are looking at and would appreciate any input! I also understand that this is not tax advice and I’ll will be working with a CPA.My wife and I are looking at purchasing a...
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
Hello BP community!I was visiting the county assessor site for my first property because I was trying to learn how to determine depreciation. I saw something I need help with. In case this is germane to the explanatio...
Hi everyone,
I am currently new to real estate investing, and like many of you, have learned a bulk of what I know through BiggerPockets. Listening to the podcast, reading the forums, and doing my own research have m...
Hello everybody, I am putting together my first deal- a century home duplex. They have recently dropped the price to 65k. I am making an offer of 50k. All of my numbers in the analysis are based off of this 50k purcha...
Summary question: How would you allocate by extra money saved from my paycheck by percentage between 1) stock piling cash for a 3rd rental property 2) paying down existing mortgages ( I currently own 2 mortgages that...