Hello, I am currently in the process of finding a short term rental to purchase and wondering how to best take advantage of what I am doing from a tax implication. I am in a high tax bracket so the implications could ...
I have an opportunity to buy a vacant lot in Indian Lakes Estate in Polk county, FL. Does anybody has information on this area? Is it growing, does this has potential to grow?Any information will be greatly appreciat...
Hello BiggerPockets community,
I'm having some confusion with standard practice for 'First, last, deposit' collection in the scenario that the first month will be prorated.
Say for instance: My property has a rent...
I purchased a 4-plex last December. I'm finally to the point of organizing my business finances. I've purchased Quicken Home Business and Rental Property to do this. My two goals are to 1) make it easier on my CPA ...
Hi All - I'm new to the real estate investing world and am evaluating a few single family home investment opportunities in desirable downtown Chicago neighborhoods. I'm considering renting the homes on a room-by-room ...
Dear All,This is my first post and I could use the advice and guidance of those with more experience in the matters.Situation: I am currently leasing a commercial space to start a healthcare practice. The unit is 3700...
I am Diane, my sister and I would like to be partners flipping, in OKC or Tulsa area. We both have owned our own houses, so do have some real estate experience and both fairly handy in fixing some repairs. I woul...
I'm breaking into the multifamily scene and will be converting a 4 unit multiplex into upscale "loft" style apartments marketed towards young professionals and grad students. This is just to get my feet wet.. I eventu...
Greetings,
I am fairly new the real estate world and am looking to invest in multi-family. Specifically, I am looking for a multi-family home with 3-4 units in the eastern part of the state. Worcester is as far as my...
I have a Single Member LLC where i have gave an initial capital. I do cash based accounting.My question is since the initial capital doesn't count as income correct? then when i transferred a portion of the initial ca...