1) Can you correct me on the following, is it still recommend not to buy 1 family house with all cash because you will have no governments write off can you explain this clearer what write offs do you lose out on 2) ...
Hey BP Community!My wife and I are getting into the real estate investment world and would love some support and advice from the BP community. We are planning to acquire around 20 units in the next 5 years through sin...
It seems like a lot of people here are getting about $100-200 in + CF for SFR. Anyone have tax strategies to take advantage of being able to depreciate the property? Depreciation allows for much more than this, so I’m...
One of the many benefits of being a real estate property owner is the many tax strategies and laws that help keep a substantial amount of money in your pocket. One of those advantageous tax laws is bonus depreciation,...
What are the advantages/disadvantages to buying outright vs carrying a mortgage. Are there savings related to closing costs, etc.?
I have found what I believe to be a good deal, but I'm worried about closing costs a...
Hello BP,I just read the Blog Post about year end's tax strategies and I have a question.If I just have one rental property that isn't making a lot of money, and I don't have an LLC. Can I still purchase software (Lik...
My name is Kristian McCray. I am new to real estate. I actually look to begin my investing this year. I look forward to interacting with individuals who have gained experience and are willing to provide some insights...
Hi BP Network,I'm new to the RE world but have really caught the fire. I've started house hacking and I'm currently working on my first flip. I adore BP.Recently I was approached by a long-time Renatus member. He r...
1) Does your rental property need to be under an LLC to take advantage of tax decuctions such as depreciation and mortgage interest tax deductions or can you still take advantage of these deductions if the home is un...
So my father is looking to buy a rental property. Potential NOI totals to about $40,000 a year although the ROI isn’t marginally positive so he would almost have a 0% return on investment. He will be retiring in the n...