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Hear me out! I've read the articles and forum posts on developing mobile homes parks and understand why they aren't economical in this day and age, how most townships won't work with you, how the demographics don't wo...
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I'm making a killing in the greater Seattle market. Up until I sold one of my houses in the area, I was making around 400K a year through appreciation, cash flow and principal pay down. About 60K was through the cash ...
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Hello!Can anybody share their experience on using LIHTC? Also, can you point me to good resources (books, websites, etc) where I can learn more?I recently met with my local housing finance authority to find out about ...
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Hi BP family...I'm a part-time investor now with 3 cash-flowing, single-family rentals that I actively manage myself. With lots of travel for work, I'm looking to invest outside of my base area (central IL) and incre...
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Hi all. I'm a bit confused on this issue as I read about depreciation recapture being taxed as "ordinary income" then I see mentions of a "flat 25% rate". I have a 3 part questions:- So will the rate depend on your ...
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Hello BP community!1st I want to thank all of you who stopped by to give me advice, I really appreciate it. :) I recently sold my home in WA state(offer was just accepted) and I am looking to take about 13k from my ea...
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Hi BiggerPockets!I'm Kurt, I've just discovered this community and the podcast in the past week and have been consuming as much information as possible. Recently my wife and I have decided to start looking into Real E...
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I see a lot of 2/3 family's in Springfield MA for good prices. Does anyone have experience in this area?
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So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
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Q: Should I pay an extra $500 on my principal on my primary residence or save it towards a rental property? Overview: New homeowner, $120k income, ~7K monthly net income after deductions (Roth max, 401K, healthcare), ...