Ryan Dunnie
tax write offs from previous years
I am in the process of fixing up a guest house in my back yard. There is a good chance I won't be able to rent it until early next year. Will I be able to write off the materials I used to fix it up this year on my ...
Evelyn Castillo
Realestate license; opinions!
Hey BP! I am thinking about becoming a licensed real estate agent for two reasons. One; I get access to the MLS which is great for my investing plans. Two; I figure this is a great way to get my feet wet in the world ...
Ben Clark
Write off Rehab Costs with BRRR Strategy?
Can you write off rehab costs as repairs and maintenance when using the BRRR strategy?
Mike D'Arrigo
What are your plans for 2015?
I'd love to hear what other Bigger Pocket members' plans and goals are for the New Year. Will you be buying investment real estate? Where do you plan to buy? What are some of the obstacles holding you back? Here's a q...
Brian Kempler
Crediting back some of a buyer's down payment
I would like to credit back a portion of my buyer's down payment on a house, say a few days after closing. We'll then write a promissory note for the amount, maybe attached by mortgage (if not, a lawyer said attaching...
Levi Dobson
Rent by Room House Hacking Leases
Just wondering how fellow house hackers out there are writing up their leases for room by room house hacks. How do you define what space in the house is their rented spaces vs common spaces? Anyone every implement a h...
Tamas Z.
Large loan with interest vs. small loan + personal contract
Hey all,I was hoping to start a discussion about trade-offs involving how much of the purchase price of a property is done through the loan, versus separately handled contract between individuals.Assuming the seller i...
Jonathan Greene
Are the forums on BiggerPockets getting worse and worse or is it just me?
I find them almost unreadable now. Finding a good post to respond to takes me close to ten minutes. There is so much AI, reverse trolling, and one-line posts that the moderators can't keep up. And I know because I was...
Travis Fisher
Higher Caliber Friends #askbp
"You are the average of the five people you spend the most time with" - Jim Rohn"Tell Me Who You Spend Time With, And I Will Tell You Who You Are"What have you had to change in your life to to gain better friendships?...
Zach P.
Question on writing off Rental Income to Zero
With last years taxes, I was able to write off my rental income down to zero through depreciation, repairs, hoa's, taxes, insurance, etc on my rental properties.Since I do not meet the qualifications to go to $-25,000...