To determine depreciation for federal tax filing do you apply the original price of the house or the current market value?

As a seasoned investor, lender, and now syndicator, I am often asked, “What is the best way for the smaller investor to navigate into bigger deals?” The short answer is straightforward. Do it with others so you can l...

Looks for an attorney in chicago familiar with subto transaction 

Hey guys, I am relatively new to the game when it comes to REI and I am currently practicing analyzing deals but I could use some guidance when it comes to understanding what a good cap rate is. I understand that Cap ...

I just purchased my first investment property. It is a 2 family with both units currently occupied with 2+ year tenants. I plan on raising the rent when the current lease is up (they are currently month to month). Wha...

Hi BiggerPockets, I am looking to begin a real estate portfolio in the Columbia, South Carolina area in 2022.  I am a newbie who does not own a single unit.  I am a 25 year old who currently lives in Charlotte, North ...

I'm m considering expanding my Airbnb (3beds/2baths house), but I'm not sure if adding 3 bedrooms and 2 baths to the current house or adding a detached 3/2 ADU next to it would be better. Making the addition look exac...

What’s NewExpiration of the Federal Housing Administration’s Property Flipping WaiverToday, the Federal Housing Administration’s (FHA) Office of Single Family Housing announced that the temporary waiver of FHA’s regul...

So I've always used Zillow's rental-pro for my rental website and for managing inventory and now as many of you know Zillow is discontinuing this services later next month :( I really want a dynamic website, I put a l...

Hello,

I have current loan on a manufactured home $51365 . The estimated value $225,000. If I want to refinance it for 15 years 3% fix rate the closing cost would be $2900. Does it worth it.

Any advice is appreciat...