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Hello BP nation! I am a new real estate investor trying to buy a duplex to do househacking as my initial investment. I saw this duplex in a good location that has been in the market for about 90 days with price reduct...
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We are selling our money pit of an investment property. We bought for $400,000. We will likely sell for $375,000. We've owned it for 10 years. It has been a rental for 8 years.
We need a professional to help us w...
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Hey BP Nation!I need information regarding Judgment Liens on a property.I have a property under contract, but a title search revealed that there is a pretty sizable judgment lien. I am not familiar with this situatio...
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I am a professional surveyor here in Southwest Florida and work in a family owned company. I am on bigger pockets interested in real estate investing and have came across a few recent posts questioning the need for ...
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"Supporters of a state ballot initiative to expand rent control options for cities across California announced Monday they had gathered enough signatures to qualify the measure for the November 2018 ballot.If passed, ...
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Please share any successful principle reduction situation you experienced. Is this really possible? Bringing down loan balance to current market value?
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I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...
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Hello all, My partner and I are looking for a multifamily property to buy so that we can live in one of the units. I've been using the bigger pockets rental property calculator to look for a good deal however there ar...
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As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
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My dad and I own a 4-plex in an LLC. We are considering doing a cash-out refi to take some of the equity out and purchase another property. The numbers work on paper. What are the tax implications we need to be awa...