Hi!I just bought my 1st investment property, a brand new home with DR Horton, and used DHI (DR horton lender) for the mortgage, they told me they were going to sell the mortgage and I should wait for that before movin...
My partner and i have just combined companies. I have oil and gas wells and my partner has some real estate properties. We are already off to a great start using our lines of credit to purchase our first single family...
I’m new to the investment game and I would like to start out with a residential FHA loan to put little down on a plex, but I would like to establish an llc within the following year for tax benefits and liability purp...
Can someone help explain the new Opportunity zones in the US, how to find them and how they help the investors?
Thanks so much BP community, you all rock! I wish you all health and happiness during these times.
Hey guys,So me and my wife have been perusing the site for awhile, while we ponder buying our first investment property(ies). What we are getting a little hung up on is the tax aspect of it. Pretty much are we going t...
We bought a property. SFH in south Florida. We’ve moved in and are redoing the floors and kitchen and some other things. Well, my job is relocating and we will have to turn this home into a rental come Spring/Summer a...
The IRS previously viewed buildings as a single unit of property (UOP). However, the new regulations under IRS Code 1.168(i)-8 allow you as the property owner to utilize a cost segregation study to dispose of smaller ...
I am not clear about the tax benefits of purchasing and owning rental property investment homes.
Do we lose money to pay taxes when tax time comes or do we generally get some money back?
Hey Bigger Pockets Community,I bought a quadplex in 2018 as an investment property. I bought the property off-market and was able to buy it for $192,000 with 25% down using a conventional loan. My father recently sold...
We have a SFR and a contracting business. Questioning whether to run the rental property through the business or go with a separate LLC mostly for tax benefits personally and for the business-