I have tried searching the posts, but didn't see anything...I was curious if anyone knows if there is a way to deduct improvements you make to prep a house you currently occupy but bought for a rental...is there a tim...
I have searched the forums but have not come across an answer to this situation...
I purchased a rental 1.5 yrs ago as a buy and hold property. I am now looking to do a cash-out refi after doing some impro...
Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
We've been working on a number of fixes and improvements to the site over the past days.
Improvements:
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I just found out a small 9 unit multi-family that I own is in an Opportunity Zone. I've owned it for 7 years. The reason I found out it is in an opportunity zone is because I was thinking about adding 24 units to the ...
Looking at a piece of property but would love to see the history on it. It's a old mobile home park if it makes a difference. Any sites to get lien info, code enforcement tickets ? It's been abandoned for a few years,...
I purchased my first duplex two years ago and have been living on one side while renting out the other and making improvements to my side along the way. I finished improvements and purchased my 2nd duplex 3 months ago...
Hello!
I own and operate a full time short term rental. We added a pool to the home last year. When doing taxes it separates the assets, property & the new land improvement (pool). My question is, we would like t...
Okay, so after a couple months of research, learning I've decided that I'm going to get a couple of wholesale deals done to finance the 3.5% I need for an FHA loan. I'm planning on buying a duplex living in one hal...
We've just updated the way that you Connect on BiggerPockets. Our Colleague and Follower system has been a little bit confusing to some users, so we've come up with a way to improve it.
Below you'll find a link to a...