I am trying to understand how much depreciation I will have to pay back to the IRS if I sell my single family rental home that has been a rental for 5 years. Is it the full cash amount I depreciated or the amount of d...
Hello,
I'm 22 years old with roughly $50k saved up through part time jobs and internships. I am about to graduate college in May 2025, and will be making about $120k (pre tax) in my full time job postgrad (Washington...
I have been using the 4-Square method for analyzing rental properties for a couple of months. My question is at what point in time to you feel that you no longer need to stash 15% per month in savings for repairs for...
hi all I need a little advice on a what I think it's a good deal. I'm trying to buy a Reo in Puerto Rico. It's a multifamily and need about $25,000 in repairs. The first level has 4 bedroom/ 2 bathrooms and garage for...
Hi! Even though my husband and I have been investing for a few years, I consider myself a beginner as I never really learned much about investing in real estate until I found this website. I lived in a few countries a...
Hi all,I came across this IRS publication with detailed explanation on to how to treat expenses for your rental property. Including depreciation and including rental of vacation homes. Here is the link https://www.irs...
Could anyone please speak to the financing considerations of purchasing a multi-unit which one unit would be taken as a primary residence of the buyer. We are considering taking this approach to properties in the Sea...
As I purchase my first property I'm looking to rent a room from time to time (the ol househack) to offset the mortgage. Lucky for me, my home is on a good size lot and my community is boat/RV friendly. I'm looking to ...
Hello Bp friends, I am looking for a lender that is VA loan friendly. So, the issue I am having currently with all the lenders I've spoken with so far is that they are not willing to allow me to us my GI bill as addit...
Hi Forum,I am New to the BP Family and I see that everyone on this site appears to be very friendly and willing to share information, unlike a lot of others I've been a part of. Being that I am new and I have read a l...