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I was looking over the health exchange website and one of the income questions was Net Rental Income amount. Does net rental income factor in depreciation? Or is depreciation a different type of expense because you...
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Lets say I own 2 properties. One property is worth 200k with a 100k of debt on it and another property is worth 100k with 100k of debt on it. Can I sell the 100k property to another investor for $1 and then sell my ...
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I've asked this question before and haven't received a single response, but I'll try again. I want to buy a property sub2 by using a land trust. I would have beneficial interest but the deed would be in the Trust's ...
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Hi fellow BPers. I stumbled across a book that was mentioned in one of the forums here called "The Wealthy Code" and read it cover to cover really liking the ideas, content and the way it was written. The author wrote...
I have an opportunity to buy a house, but the current owner owes $14,000 on the house. I could probably buy the house for $40,000 to $50,000 (not including the taxes) and the place probably needs about $20,000 - $30,0...
A question always in my head.
Why would buyers always want off-market deal?
Is it because off-market deal are cheaper than MLS deal?
If off-market deals are cheaper than MLS deals, as a seller (all of us will be a...
Hey BP --
I'm moving toward my first residential investment property and weighing the pros and cons of out-of-state turnkeys. I don't imagine investing with turnkeys long-term and so I'm wondering how others have use...
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hi,I opened a business in the USA in 2017 to sell fishing trips to the Brazilian Amazon intermediating the best outfitters. With company's profit invest in real estate in the USA.We were starting to move on when the w...
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Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
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Anyone know how to transfer title when there's dual ownership and one person wants to sell the property? The other person is apparently in a bad mental state in the penitentiary. How do you transfer title when the per...