Hi BP Community,I am starting to look into multi-families as the next phase of my REI journey. (just some back history - I have a few SFRs and a duplex as buy and holds but am becoming interested in slightly bigger d...
Hi guys,My 1031 exchange may fall aprat.I am trying to figure out how much would I pay in taxes on a property that I sold?I sold it back in May for 120K, I bought it for 25K back in 2009I am in a 30% tax bracketAm I c...
For individual deposits with regards to renting by the room, I’ve heard advice on various BP posts that you should split up responsibility for damage to the shared spaces. For example, if there are 4 bedrooms, each te...
How do you get to the amount of equity a property has?
Hello,I currently own a 4-unit multifamily in East Bakersfield which is doing well for cash flow. I am looking into expanding and possibly purchasing a single unit condominium West of the 99 fwy. I am considering this...
I'm selling my rental house (not primary home) in Utah this year and want to know how much I'll owe especially in capital gains taxes. I'm married and we'll be filing jointly. Our gross income this year will be betw...
I am in the Chicago area and am looking at a house with an indoor pool. Not an area that pools are common, even outdoor. It is not particularly high end like you might expect. It's a regular house in a regular subdivi...
so ive done a couple drive-byes. (The lgeal kind with no weapons involved). I've talked to the listing agent. I've looked at pics online (of the house of course). This place needs a ton of work. Its a foreclosure....
My mother has a rental property that she let extended family stay in and they completely trashed the place and didn't pay for a number of months. My mother lives out of state and can not pay the necessary amount to ge...
When estimating the maximum purchase price of a rental property using the 70% rule, do I subtract only estimated repairs from ARV*.7 when calculating the maximum purchase price or do I also subtract pre-rent holding c...