Hello investors,
I am Canadian and our housing market here in Ontario is so unaffordable the numbers mostly don't make sense as rentals. Therefore I'm now looking to start investing in RE in the U.S - prefer neighb...
Hi, my name is John Stark and I recently just graduated high school. Recently I have been getting very motivated about how money works and would like to learn as much as possible about how to make my money work for me...
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
I just came from Bill Gatten's 2.5 day workshop and was curious if anyone else out there has had success with the system.
Found my 1st flip. Its pre foreclosure. I am concerned on the taxes I will have to pay on the flip. expecting to profit 100,000.Any help on a strategy to lessen my tax burden would greatly be appreciated.Thanks Steve
I purchased two rental properties in late 2016 in South Carolina and the paperwork for the mortgages listed my property tax rate at 4%, instead of the 6% investment property rate. As a result each month my lender is c...
Hey Biggerpocket experts....I was hoping you all could give me a little advice as to what you would do in my situation. I'll try and fill you in as much as I can and then you can either answer or ask more questions to...
My question is about depreciating capital expenses.I understand that I depreciate the building over 27.5 years. I have also been told that capital expenses must be depreciated rather than claimed as expenses. But ho...
2021 is my first year as a landlord and to save money I'm doing taxes myself for the first couple of years. To avoid doing anything wrong I wanted to double check a few things. Can any CPA's answer the below? I've sco...
I've been studying Florida tax liens (certificates) for 6 months now. I've read and reread Statute 197 (the legal go to). I'm ready to make bids on a particular counties' auction which has 2,700 properties up. In c...