Tony Zhang
what to do if the house doesn't sell?
Hello BP,
I have a duplex for sale in St. Louis, MO which both units are vacant and can rent around a total of $2000/month, but it's ready to move in or rent. While there are no big problems with the hardware in the...
Jazmin Winsor
Purchased first home, house hacked and needing tax advice
Hi bigger pockets community! My partner and I just purchased a house in Feb and are renting out the majority of the home. We were fortunate to get the ball rolling fairly quickly and only have to fork out 1.5 months o...
Amos Smith
Price Reduction From Vacant Lot Loss (Advice Please)
I'm in the process of acquiring a 100 space park, the park has 60% occupancy. Purely based on the park income, the NOI @7.5 cap show a valuation of $1.0M, because of the land, POH and pads for expansion I offered $1....
Andrea Long
Should I take out my Equity?
I am new to owning rental property. We lived in our house for 7 years and weren't having much luck selling it so we decided to try and rent it out. We had an overwhelming amount of people interested and picked what we...
Jeff Mitchell
Deprecation never taken and can't claim rental losses
Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
Sam Dal
First time home-buyer (owner occupied 2 family)
Guys
I really need some advice here. In fact, if you have some time to chat over the phone, please PM me and I'll send you my number
I'm a first time home buyer and hoping for a future in real estate. I currently re...
Matt N.
Bonus Depreciation on my Short Term Rental (Airbnb)
I came across this article that I found fascinating. How true is this? https://thedarwiniandoctor.com...
Essentially, because my avg rental periods are less than 7 days, and because I do spend lots of time managing m...
Aqil Dharamsey
Lessons learnt in 2017 - Wins & Losses
As I close out 2017 i want to to share another successful year investing BUT even after doing this for 14 years I made mistakes and learnt some hard lessons.
1) bought and rehabbed 6 houses.
2) pushed my total ren...
Mikey Liu
Cost segregation and how to keep rental losses in future years
Hi all - I understand the benefits of cost segregation in year 1 and how you can front load the depreciation of the unit. However, in future years, isn't the depreciation much less? If so, then how can one still maint...
Account Closed
Am I thinking about the tax benefits of renting real estate correctly?
Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...