BP,Hello All!I getting into flipping houses and I am stuck on what path to take financially. I have my father-in-law willing to invest in me and my partner but I don't know how to go about it for it to be the most ben...
Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...
I hope I put this question in the right place. Here goes . . .For the last year my efforts in real estate have intensified and I now have 6 doors and am happy with my success to this point.A few of my brothers and sis...
My agent is suggesting to establish a LLC as I am growing my portfolio to have more rental properties, I want to hear your opinion, what are the pros and cons of LLC?Do you transfer houses ownership to the LLC? Can yo...
Hey guys, first post here at BP although i've been following for a while. Confused about which way I should go with this property. Any feedback is appreciated. I bought my first rental property two months ago. It's a ...
Seeking feedback on what third parties I should consult with and any experience this group may be able to offer. My husband and I invested in 4 acres and a bungalow house (residential property) in the downturn off a m...
Hi,I currently live in the Forest Hills area in New York, and looking to buy a condo in the union city between Park ave and Hudson ave. and in the north of 37th street.So two questions:Anyone living in the area, is th...
I found a small commercial building where the owner is wlling to sell and carry the note back on the building. Seems advantageous for me so I can avoid bank hassle and small out of pocket. Questions:1. What pitfalls...
Hi BP Community,I have a question from a family member about purchasing a second home and possibly using a HELOC to do it! I, myself, am new to the real estate investment world so I have not looked too much into HELOC...
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Hello friends. I'm new to Bigger Pockets and am eyeing my first investment property. I'm finding that Portland's home prices are inflated, and it's hard to find something that pencils. I'm wondering if th...