Curious how other investors are going to handle this significant tax increase. $188 more a year per $100,000 of home value. This is going to put my duplex close to an increase of $600/yr. This is in addition to the co...
Hey BBPersI am 9 months into the renovation of a multifamily building. I have invested significantly on capital improvement and hope to recoup some of that investment when I refinance later next year. I have then few ...
Feeling a bit lost. I bought my first rental property (with a mortgage) almost 2 years ago. I profit about 135/mo. So not much. I don't know how to get property number 2. My market is now officially too expenisve to b...
I have read that flippers tend to sit around the 70% mark for buying vs ARV for flipping properties. Is this what most use as a number? What do you use for a percentage?
Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...
What GRM range should one stay in when buy multi families and mobile home parks?
Thanks
Jordan
Hey everyone, I'm new to BiggerPockets. I thought I'd share my story with everyone and hopefully get some insight from all of these success stories. I'm 27 years old, living in Fairfield County, CT. I'm looking to max...
Hi everyone from BP,Here is the description of the house:Bungalow235k, I will need to assume his mortgage (219k)13 rooms (I can add maybe 2-4 rooms)42k revenue (I can boost it to 46-50k)This house has all the permit a...
Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...