Ajay Malhotra
Private syndication/portolio investment - thoughts on the deal?
I have an opportunity to invest in a portfolio project in a midwest city by a guy who has a good track record in RE: hes a lawyer who flips, started a management company, wife is a RE agent and has maint/rep/plumbrs...
Account Closed
15 Undeniable Reasons It's Time to Sell Your Investment Property
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...
Jonathan Cooke
Cash strapped but want to purchase
My wife and I are debating on taking out a HELOC on an investment property we own to purchase another property. My problem with this is that it's already too hard to cash flow as it is without adding an interest and p...
Brandon Williams
Taxes on Sals of a Property at a loss
Hey folks, bad news on my end. I’m selling an apartment at a loss and I was curious my tax implications.Scenario: Apartment, Purchased at $150k, selling at $125 in under 12 months (long story, don’t ask)No major imp...
Li Tolentino
Tax Return -can I deduct inspection cost for cancelled contracts?
Last year I spent about $1600 on inspection cost and appraisal fees for two properties that I ended up not purchasing them. I did purchased two other rental properties. Is there a way to deduct them on my tax return? ...
Andrew Bober
Should depreciation cost basis be put in an offer to purchase?
I had an unfortunate experience with our buyer's agent in OH recently. The agent walked away from me and the deal when I asked him to include time limits in an offer, as well as a price breakdown to establish depreci...
Gena Gonzales
Have to short sale please help!
My morgatge went up from $800 month to $1400 a month have to short sale a house, any advise? This is my investment home on deer island in Florida. Live in Ca.On a fixed income...NationStar will not remodify my loan. ...
Lijuan Wei
mortgage note interested income tax too high？
Sold my rental house owner financing last year. This year’s mortgage note interested income is $4312. After put it in turbo tax. 700was charged for federal and state tax together. Does that sound right? I feel like th...
Shawn Connors
Tax Question
Hey BP,
In 2015 I started my LLC and I also have a full time job. My question is this...
If I spent money on marketing for REI can I write that off on my taxes this year?
Jason Keledjian
How to avoid paying taxes on depreciation deductions
I have a rental I am interested in selling. This rental was originally my primary residence. I have been renting it for the past 6 years. I have, of course deducted the depreciation from it during that time.... abo...