Orane Jacobs
House hacking in San Diego
Is it worth it to house hack in San Diego in such an expensive market?
Mary Jay
please help to figure out the best way to buy
So I was trying to do a deal subject 2 in a lien theory state. The seller owes 35K on the mortgage, property value is 65k. And the seller wants 65K. So if I buy the property, then the seller will continue to pay the m...
Alexis Herrera
LLC for rental properties
Hello all, I have yet to speak to an accountant (looking a new one) or a lawyer (had one and was not reliable) about this but I wanted to ask. I have a few rental properties that I own. I have LLC's for each one, but ...
NA Reddy
Would I benefit from an LLC if I invest in RE thru Syndications
Hi All! I'm new to bigger pockets. I've been investing in apartments for the past year. I invested in one deal as a Limited Partner and one as a General Partner. I'm about to invest in one more as a GP. Usually all de...
Josh W.
New Tax assessment on a cash sale?
I’m looking at a McKinney TX property that was built in 78 and sold for cash in 2018. The tax assessment is at 75k and did not reset when it was sold in 2018 for 200k. He put a lot of work into it, I am looking at pu...
Sebastien Hitier
Do you appreciate building and components separately
Hi BP,I read that you can depreciate more if you depreciate building and components separately, and that big buildings are often depreciated this way. Does anybody confirm? Does anyone use this with SFH?The 27.5y depr...
Elliot Lamson
Opening LLC in NV or DE.
I live in CA, started doing real estate investing all over the country, mostly flipping. I originally opened my LLC in CA. But after talking to some people they said i should have opened it in NV or DE(saving on state...
Ariel Brown
I'm a beginner investor in Savannah, Ga. Wholesale or Rehab?
I have a few people lined up for cash buyers and private money lending and some of my own money saved up. This would be my first deal. Should I wholesale first or just rehab. I'm more interested in the rehab part but ...
Adil Saeed
Rental property tax/insurance escrow
Hello
I would like to know if there is any benefit to having taxes and insurance as part of your mortgage payment of rental property or should one pay it at the end of the year assuming one has option to do so.
Tha...
Brian V.
How does the government look at income from real estate?
If someone bought a property today and rented it out, they would declare the income on their taxes. The income would be passive. There for based on my understanding is someone who collects Social Security Disability ...