Bill Morris
Here's our Business Plan and A few questions before we jump off....
My wife and I are about to make the leap. We have been approved for $100k interest only home equity line (3.99%) and have spoken to another lender (who is also an investor) who said we'd be good initially for 3 mortga...
Kasey Villareal
Dallas Fed: Market Monitoring Finds Signs of Brewing Bubble
Thoughts about this latest Fed article that consumer "exuberance" might be tipping us into a market correction?
Fed Article - click
Some highlights from the article:
Our evidence points to abnormal U.S. housing m...
Dave Johnson
Commercial vs residential real estate
Hi Biggerpockets community I have a question.Currently I am reading my first book about real estate (The book on rental property investing). In this book Mr. Turner talks about residential real estates most of the tim...
Andrew B Degnan
Minimum Cash Flow & Cash on Cash ROI
What are typical minimum monthly cash flow & cash on cash return you target for single family & multi family homes? I am looking for locations & markets that can yield that formula. I have heard single fa...
Tim Albright
Tax Planning Strategies/CPA Help
Greetings,
My wife and I are just flirting with the idea of jumping into real estate investing. I am retired and working on career #2. We have three children; two in college, one leaving for college next year. All of...
Tiffany Smith
How to Report Rental Income with Owner Occupied Property
Greetings BP Forum Members,I am currently occupying my recently purchased first property. I have secured one tenant for renting out 1 of 3 available rooms and plan to rent out all remaining.I have a very generic quest...
Larry Turowski
Do real estate investors pay too much in taxes?
I had to write a big check 5-figure at tax time. And that’s after paying a lot in quarterly taxes. But you know what? That means I did really well. And I don’t mind paying taxes. Well, okay, I don’t like it and I ...
Account Closed
Rental Property Tax Question
If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on ...
Dane C.
Short Term Rental Tax Loophole for Physician
I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...
Brian Maggiacomo
HELOC OOO to 90 LTV, 660 FICO, Rhode Island
some small collections, clean mortgage and 5 year payment history. Does this even exist?