Santosh Bobbili
Is HELOC interest tax deductible?
Hello Everyone, I recently bought a rental property using HELOC from my primary residence as a down payment. Is the interest paid on HELOC tax deductible? Appreciate your response.Thanks,Sai
Ian Rysdale
Financing for a 2nd rental property
Hi Everyone,
Only just discovered this forum as I am currently reading Small and Mighty Real Estate Investing. I'm looking for some advice on financing to purchase a 2nd rental property. Here's scenario:
In my early...
Tyler Neison
Open LLC for first rental property?
I just put my current house (call it 18118) up for rent and am receiving applications from prospective tenants. I have a mortgage on the house in my personal name as it is currently my personal residence. I am moving ...
Joe Valenti
Who is the best property investor friendly CPA in Arizona?
I currently have one SFR rental as well as a SFR that I am house hacking. My current tax situation isn't super complicated so I've been satisfied with TurboTax but I'm mostly focused on someone who's expertise is tax ...
Christopher Gill
To Own or Rent: Combining the Best of Both Worlds! - Part 3
For context of this third post see previous two posts at the links below:Part 1Part 2If you have a model that is effectively combining some of the basic economic and lifestyle benefits of renting and buying what are s...
Casey Eberly
Insurance Policy On First House Hack Duplex
Hi there,
I am in the process of closing on my first duplex that will be used as a primary residence for 1yr before becoming a full rental property! The purchase price is 225K and property was built in 1910 around th...
Jon Delarosa
Running Compositions for Rent
Hello,Trying to runs some comps on comparable properties to figure out what I should rent out my primary residence for. I’ve done Zillow, filtered it based on Bathroom/bedroom size, home type, etc.I’ve found a few but...
Wonderful Togbey
Tenant withholding rent because repairs took more than 24hrs
Hello BP family,
Thank you for all your inputs that have led me on the path of putting together these blocks towards a building of financial freedom. Here I am once again wanting to fetch from this well of knowledge....
Tim O'Brien
Sell or rent current house?
Hi all, My situation: looking to move into a bigger house in hopes of family getting bigger. I currently live in a 1/1 sfh that I own. I bought in 2010 and have approximately $100,000 equity, and ow $118k. I thin...
Anthony Freeman
Private Lending Questions
Say I wanted to refinance my primary residence to private lend. Do you think my monthly payments will be too expensive to make a profit from a 10% return on my investment.