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If HELOC’s have a interest rate that adjusts/fluctuates/variable based on market conditions, why would anyone take out a HELOC compared to a regular home equity loan? A home equity loan has a fixed rate, so you don’t ...
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All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...
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I want to document my agent's and my own activities so I can claim the 20% Pass-Through Tax Deduction (aka Safe Harbor). I know the logs have to be contemporaneous. Wondering how others are doing this?
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I've know we've previously discussed the pros and cons of vinyl wood plank flooring in other topics, as well as Trafficmaster Allure, but I've recently seen this new product at Home Depot Called Trafficmaster Allure U...
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Hello,I'm about to buy a Duplex to be used for house hacking. I'll be living in one unit and rent out the other to make a nice $250 profit as well as no rent needing to be paid on my end. My question is what insurance...
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How does a landlord get paid? Do they get paid a salary? What are the tax liabilites?
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I have a title/deed question on my BRRRR using delayed financing. This is my first B&H property, I paid cash and took title in my LLC's name. My rehab is complete and it's being marketed for rent. I'd like to refi...
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I live in the DC area and am a landlord, but went to LA to see if there were good property deals. I didn't find any good ones, but because of the trip, I've decided to buy something near the DC area. Can I write-off t...
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What generally happens when buying a note in bankruptcy? Do you, as the new note owner, still have rights to collect on the debt? Does the property usually get foreclosed on?
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I was reading an old BP article posted by Jeff Brown regarding the use of excess depreciation and how it could be used in replacement of 1031 exchanges: http://www.biggerpockets.com/renewsblog/2010/01/05/150k-year-exc...