I have researched this topic extensively on Bigger Pockets and elsewhere and I am still struggling to understand the tax code.
I have a STR property that went into service in Jan 2022. I met the Material Participati...
Hello,So I rented one of my room in my 3 bed 2 bath condo to a guy on a month to month lease in IL.According to the law he should have given 30 days notice before vacating the property. He vacated the property on 1 Ju...
Hi everyone! I'm a beginner to the BRRRR strategy and currently studying up on it. I live in New York, and as you know, properties here are expensive, and it’s not exactly a landlord-friendly state. Because of this, I...
I am 3 months into my first venture and inherited some bad tenants. It has been one problem after another with them and have been professional and courteous through every turn. They have been verbally abusive and v...
Just made my first post here to introduce myself so won't go into that too much, but I'd like to start this post with this question, and elaborate on it a bit below: Is it feasible for a first time investor to start i...
Hey,
I'm looking to enter the real estate market in Tampa, FL. I want to house hack or buy a multi-family home. 95% of my wealth is in crypto and I would like to diversify. I'm taking all advice and I'm thinking that...
I started my first real career as a firefighter in Big Spring, TX in 2013. I was a 20 year old kid with no formal education, just looking to make ends meet. In January of 2016, I got hired as a firefighter in m...
Hi,
I am trying to make a "benchmark" of various states and metro areas with the Price - to - Rent Ratio.
It is quite easy to find median or average house prices for each state or even metro (for example using in tr...
I have a townhouse property that is both a gift and a curse. Bought as a primary residence in 2018, moved out in 2019 due to mental health issues, refinanced at 2020, and now renting it out. Mortgage + escrow included...
Hey everyone,
First I'd like to say that though I don't post much, I'm always browsing and thank everyone for the wealth of knowledge on the site.
I have a somewhat unique question that wasn't quite answered by a...