Aaron Webster
Comprehension Question Regarding Interest Rates
My apologies for the simplicity of the question. Why exactly, does a rising interest rate diminish the appeal of owning real estate for the purpose of renting or flipping (for investors)? One can assume this is due to...
William Hinsche
Bookkeeping - How to reduce this expense?
Hi BiggerPockets community,
For the bookkeeping portion of rental properties, 1.) what are the best strategies to reduce this expense if you want to outsource this operation? 2.) How often will the bookkeeper need to...
Anthony Nez
Question: Abandoned property
I located an abandoned property that is owned by a person who skipped out of the nation. The property was with a real estate development group that has hardly any credentials and hardly anything on its website. I have...
Jason A.
from oil to nat gas: how to manage tenant expectations
Hi all,Recently purchased a multi and one of the first projects I’m planning is converting the property from oil to nat gas heating (there is nat gas going to the house already for water heaters).At current, I cover t...
William Edwards
Depreciation Recapture via Syndication in SDIRA?
Would there be any considerations regarding depreciation recapture when a syndicated investment is disposed (ex: at 10 years) when purchased via an SDIRA (Self Directed IRA)? Will those investment funds need to be 103...
Tyler Kavan
What are rental write offs?
Hello All,
I am closing on my first rental property this week and am extremely excited to get started. I am trying to prepare as best as I can before closing to get everything setup as needed. Once the property is mi...
Nadiya Lonkevych
Could negative cash flow be deducted?
Hi everyone,I am about to become an investor renting out the condo I currently live in (Columbia/Ellicott City, MD area) and purchasing another house for my family. The condo was purchased in 2006 at it's highest ever...
Sean Beck
First Ever Real Estate Purchase
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $320,000
Cash invested: $80,000
I bought a single family home in Prescott Valley, AZ. The home is a 1675 sq ft thre...
Charlotte Dunford
Syndicator's acquisition fee tax deductions
Can you deduct operating expenses from acquisition fee received? Let's say you received $30,000 in acquisition fees, the first year operating expenses of the property is $45,000. Can you deduct all of that? Or do you ...
Jack B.
Capital Gains Tax free exit from rentals: it is possible
Well, not entirely, but you can shield more of it.
I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.
Let's say you make x a year. You ...