I thought I would share this experience as an example of how investment expectations can differ drastically from reality. Luckily the amounts involved here were relatively small, and it was more of an annoyance than a...
I'm trying to get my feet wet in "courthouse steps" foreclosure auctions. I'm subscribed to a foreclosure data source and working with about $500k to invest initially in Sacramento and/or Solano County auctions. I hav...
My name is Joseph Gambino, I’m new to BiggerPockets but have been listening to the podcast for awhile now. Try to get atleast two episodes in a day. I’m closing on my first deal in Fairhope, Alabama. Fairhope is a hig...
Hello,I’m just wondering if there are any investors who use lease options in the Southern California area. I’m a student of elite legacy education and I took the lease options training. In the training the trainer tol...
I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?
Hello Bigger Pockets! I am a 16-year-old, that's really interested and passionate bout real estate investing. I'm just about to finish BRRRR, the book, and have been following bigger pockets for about a year now. Furt...
http://www.cnbc.com/2016/12/01/heads-up-homeowners-mortgage-interest-deduction-on-trumps-chopping-block.htmlThe mortgage interest deduction is already capped at loans up to $1 million if you're married and filing join...