Hello, started out long-term rental investment this year and looking for CPA recommendations in the Dayton OH area or online.Started from a SFH that we lived in for 5 years prior that we chose to keep when we moved to...
Good morning, the following property is up for sale at $250k. 114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work complet...
My spouse and I own rental properties. Our longstanding property investments had passive loss carryovers from the earlier years that are now going down each year due to passive profits. (The rental market is very stro...
I am looking to buy a property, live there and rent out. I am asking for other peoples opinions if this is a good deal and why. The house layout is more like a frat house meaning lots of bedrooms or potential bedrooms...
Hello BiggerPockets Family,I'm new to REI, How many houses/ doors does it take to cash flow 15k net profit every month ?
Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?
I have a great opportunity to purchase several (5 to 10) single family homes for long term rentals. The lease contracts would be with a large global business so it’s a very reliable/steady rent income. ($350k homes at...
I wanted to explore Syndication as a passive investment opportunity with fellow BP members. I am not able to figure out if it is possible to defer the depreciation recapture gains when the syndicate goes the full cycl...
Hi BP! Thanks in advance for your insights - I just purchased my first real estate investment property a couple months ago (2023) and looking for some tax guidance. I purchased a single family home under my LLC and ha...
Any help would be much appreciated. My brothers and I just started an LLC in December 2016 and contributed money to it. We have yet to actually buy a property and rent anything. I'm pretty sure that even though the co...