Kaiser Saeed
Taking Property depreciation for Tax filing
Hi - I have been renting my property for about 18 months so I am kind of new to this. I am looking for some guidence if it is a good idea to take my rental property’s depreciation for filing taxes? From some reading I...
Kristin Horowitz
If you were me . . . choose your own adventure!
Hi guys, I'm in the midst of creating a plan for my investments and I'd like to see what you think - you guys have been EXCEEDINGLY helpful in making me think bigger than I imagined so far, so wanted to put this ou...
Tony Santos
Analyzing Rental Properties
Hey BP,So my partner and I are currently in the market for a buy and hold. We currently own a single family buy and hold where the numbers made so much sense that we didn't even have to analyze. Now that we are lookin...
Corwin Hernandez
Why Do We Account for Vacancies?
Hi guys, I have been listening to the podcast and trying to learn so I can get started and I'm not sure when but I will definitely be getting into buy and holds at some point in time. I don't think I have heard anyone...
Paul S.
Experience with seasoning on rental income (Fannie Mae Guidelines)
Has anyone had any experience with getting around the seasoning requirements for rental income? With the properties we own, all of which are financed, we have reached our max debt to income ratio. From what we unde...
Kevin Wade
Should I sell my Miami condo for the price I purchased it?
A few years ago a bought a condo in Miami in the area called "Upper East Side" of Miami (69th NE st area) which was apparently an up and coming area. Although the values have gone up, my condo has been on the market f...
Cruz G.
Electrical Fire in my Home...how do I deal with upgrades through insurance?
Background:
About 3 weeks ago, I had a fire in my home. I had been renting it out but tenant moved on and I moved in. No one was hurt (thank God). In any event, I had an electrical fire start in the wall while I was ...
Rene Garcia
Help with tax question with FHA Loan of 900k at 4.85%
My wife and I make a combined income of nearly 300k in our W-2 job. We don't own any property and are getting killed in taxes. Last year we paid about 60k in taxes alone. Our accountant said that buying a 4-Plex apar...
Nicole Dennis
Newbie from Vancouver, WA
Hello!My name is Nicole and I am a full-time special education teacher. I stumbled upon Bigger Pockets a couple weeks ago when I decided real estate was going to be my exit strategy from teaching and found the podcast...
Vincent R.
Can a 3.8% Cap rate (before financing) work?
How do I make this work? 4-unit apartment complex$1.8 million purchase price$9,000 combined monthly rent (very close to market rate, minimal value-add through rent increases)$40,000 operating expenses (taxes, insuranc...