Greetings,I'm getting some conflicting advice on this topic. Can I deduct both mortgage interest and depreciation from my rental property on my personal taxes?
Scenario: You and your significant other are traveling to a vacation destination by car and will be staying in a STR. One rental is a larger home, let’s say 2:1. It allows you to spread out and really make you feel at...
To end the confusion once and for all we need to put a cold hard stop to using the terms of hard money and hard money lenders. Private Money can be lent by individuals and institutions. The hard money industry was the...
Hey BP community after skimming through the forums I noticed a common thread, net operating income (NOI) is frequently confused with net cash flow (NCF), so let's clear it up! Since we are in the Multi-family (MF) fo...
I am confused on refinancing poperties to turn profit; can anyone explain to me what refinacing is in simple terms.
Hi BP, When looking at the rent estimator in the BP tools for multi family, I see where to enter the # of beds/baths but I am confused if that is per unit or total for the property? I am also confused on the median...
Hi BP friends,
I'm currently a rental property investor with 10 single family homes. Looking to purchase a motorhome in the next week and rent through RVshare and/or Outdoorsy. Is it possible to list it on both sit...
I'm getting really confused how I'm supposed to buy a rental property for zero down and make money on it immediately maybe I'm just over analyzing things but it doesn't seem to work for me on the calculator.
Let's say someone bought a primary residence for 300k but 100% of the down payment was using money that was donated to the person by their parents and that this donated money was large enough to make an all cash offer...
Hello, brand new here on BiggerPockets. Learning a ton of info doing research about turning our 20 plus year primary residence into a rental property. At first I learned "use an LLC," no brainer, then I started lear...