My tax advisor stated that I can’t write off the loses on rental properties since my personal income exceeded 150k.How true is it?

Hello,I came across a single-family home in a decent neighborhood that's not being cared for, but it does look like there are people living there.After some initial research, it looks like the person who owned the hom...

Hello BP Community. I pride myself in being self-sufficient, creative and resourceful when it comes to figuring out "how" when trying to overcome a challenge. Right now though, I'm running into a bit of a wall.  In 20...

in order to waive capital gain tax, i have to using the proceeds from selling my flip house within 180 days to buy another property.my question is, can I buy 2 or 3, whose total sum exceeds the proceed of the flipped ...

Sure you'll need a lot more info to advise but anything may help.Own two houses. One a rental and one we live in. Have about $300k equity in one and about $150k in another.Have HELOC on the one with $300k equity in th...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $3,500

This home is a 3 bedroom 1 bath home that have had a long term renter.

What made you interested in inv...

I am interested in doing some more lease purchase deals, there are plenty of FSBO's in my area that seem simple enough. My question is, should I try to apply a lease purchase exit strategy when a property is listed wi...

Hi, So I know that there is a lot of talk about a duplex, triplex or 4plex being the best investment for a first time investor.. The thing is, is live in South Africa, and where I live you don't see much triplexes or ...

Hello everyone!I am a separating veteran, and I plan to move to the DFW area in the next six months or so, and want to begin my REI career when I get there.  I just want to say hello, and maybe connect with some like ...

I had a discouraging phone conversation with a lender out of state in Provo UT, a market I am focusing on for my first deal. The “investor friendly” credit union representative told me it would be a challenge for me t...