"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...
My husband and I just finished up the renovation of our first investment property, which we'll be using as a rental. Our dilemma is choosing between two couples we met today. Please help us!!! Keep in mind, this ho...
So I thought I'd share a little post on some of the lessons I've learned in the last year and a half. During that time span I have been involved in 22 flips throughout Tampa Bay as an investor, a developer, and an age...
First of all sure, maybe you did it and had good time, buttt from what I've read all over the internet its basically crap. Sure the info and videos were good. However they don't tell you the full story.
I was told, l...
Hi BPs. I am renting a sfd after a long hiatus. I have received a great deal of interest and so how do you handle processing multiple applications? (I'm using BP rental app). If you receive several apps, do you run ...
OK. We all have been there. You have a bad tenant and you want to evict them fast.But the process is long and expensive. Here in CA it takes 1.5 to 3 months to evict someone and about $800+. If your rent is $500-$600/...
I've been investing in the Bay Area (1 SFH solely owned and 1 multi-unit, co-owned) and Indianapolis metro area (2 SFHs). I made several offers in Indy since this summer with an attempt to BRRRR (in a non-typical way)...
Let's say you show a $500 annual profit after deprecation on your rental property on your taxes, wouldn't the lender divide that $500 by 12 and add that to your monthly income? I'm trying to figure out how much to cla...
Hello all,
My rental property has a sunken concrete slab on the sidewalk in front of the property.
Anu ideas on How to fix this in a cheap/effective way. It seems too deep for quikrete.
The property is in H...
I am looking for some input/ideas on a current situation. I have a tenant, married and retired couple, who have a grown daughter (aprox 30 yrs old) living with them. The daughter is in a wheel chair. They live in ...