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I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
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Hi BiggerPockets Team Members,
I took Brandon Turner's advice last night watched the "How to Invest in Real Estate as a newbie". It was great, joined the Pro Membership! I also drove by a property I would like to buy...
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Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
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Hi everyone,
Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...
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So I rented an AirBnB property in Dallas. This was the third time I've used that platform to rent a property and each one has been an illegal rental. I'm done.The first one was in California three years ago. It had fi...
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As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
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Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...
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Please if you like to share, pretty please with a cherry on the top, do so only if you personally or your operations reflect this question, thank you:
"I know we all here share plenty of advice to stay away from cert...
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I am scared…. I am scared because I am about to venture into the unknown where many people have been before some have succeeded some have failed. I am scared because a TV Guru said I can’t get rich really quick b...
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I apologize for the length of this post up front. There is a lot of info to unpack, and I am really looking for some help from folks with experience in a property of this size. This is a property that I have been int...