Kaizen B.
Failed to claim depreciation on rental
I was unaware that I would have to pay taxes on depreciation when I sell my rental property whether I claimed it or not...which I haven't done for the two years I have owned it. So now I'm trying to figure out how to ...
Ajit Savla
New to real estate investment
My Name is Ajit and i am from massachussets. My motivation to invest in property is to generate passive income. Is this right time to invest, when we have high interest rates and less inventory in the market.
Account Closed
Is mortgage interest an expense?
My first post!
Hello, I can't seem to get a proper answer on this topic: Is mortgage interest an expense?
Some people seem to include it, other seems to think it shouldn't be included because the mortga...
Will Johnston
Qualifying using rental income from roommates
Is it possible for a buyer to use the rental income that would be generated by roommates to qualify for a conventional mortgage? This is obviously owner occupied with the intention to rent bedrooms to roommates. In ...
Cole Simpson
Could You Get A Rental Property For 3-5 % Down If You House Hack?
House Hacking is a phrase coined by BiggerPockets podcast host Brandon Turner. While Brandon came up with the cool-sounding name, the concept has been alive for a long time. While the idea isn’t new, the popularity of...
Melissa Uppelschoten
Acquisition strategy template?
H there. I am a new investor, and my most important stakeholder (my husband) would like me to put together an acquisition strategy to show how I see the cash flow playing out over the next few years. We have one renta...
David McPhail
Flip house capital gains tax
My question is what are my options for capital gains taxes? I am going to sell a flip house and profIt about $30k. Do I roll this into a new flip house, purchase investment property or down payment on the purchase o...
Mark Stone
RE tax questions from a noob
Ok I have a few questions in regards to my taxes and am hoping someone could help answer them or point me in the right direction! Thanks in advance for any insight!Due to my income falling between the $100-$150k, I am...
Chris Risi
How to use Cap Rates to underwrite Deals?
Hi all, for some reason cap rates confuse me. I was recently told, the lower the cap rate, the higher the property value. For some reason, I always thought the higher the cap rate, the more valuable a property should ...
David Krulac
The 7 Income streams of Millionaires.....
http://www.renegademillionaireblog.com/7incomestreams.html?inf_contact_key=72f3120c3a256bac819b73d8cea63a30229665212481e17888a324b8c9ca4b71