Hi All, Two quick questions. 1. Reading this BP article (https://www.biggerpockets.com/real-estate-investing/house-ha...) and it says the below. I thought you had to live there as your primary residence to house hack....

Can you borrow equity from a home that's already paid off?

I am getting ready to close on my first duplex in which our family will occupy one of the units. The rent from the tenant will not cover all of PITI, so we will need to pay a portion ourselves. My question relates to ...

Hey there! My brother and I purchased a property in Akron recently on March 18th, through a portfolio sale. For this single-family home, we found out right before closing that this tenant was a section 8 tenant, so ju...

Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...

I own a two-family home where I live on the second floor and rent out the 1st floor. For tax purposes I made my principal residence 50% and rental investment 50%. I have been depreciating half of the homes cost basis ...

Investment Info:

Other other investment.

Purchase price: $3,987

Cash invested: $5,430

Sale price: $17,900

This is a portion of the listing ad:
Wonderful, Level lot, Overlooking the 13th Green of ...

BP community,I'm looking for advice on how tax year timing affects my ability to take bonus depreciation and/or "expense" some of my capital improvements.I purchased a duplex that needed a lot of work in 2021. I start...

Hello, I have three questions related to one topic. In our short-term rental business, we have two properties under rental arbitrage and one property we own and reside in - also doing short-term rental (house hack). T...

Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...