Perrin Hickey
STR house hack tax advantages
Hi all! Newbie here and appreciate all of your expertise in this community. We are looking to rent (either STR or MTR) the lower level of our house. I will discuss this with our CPA as well, but wanted your input on ...
Kara Jordan
Charging HOA fees back to tenant
I know some landlords pay utilities like water, electricity... and charge it back to their tenants. Is it possible to do the same with the HOA and charge it back to the tenant? I have a single family that the HOA cove...
Peter Johnson
Landlord Strategy: Become the Utility
With rapidly falling solar costs and the 30% tax credit, has anyone discussed the idea of "becoming the utility" for their tenants?Most landlords can have solar installed at no up-front cost & finance it over 25 ...
Casey Cu
Depreciation on Fixup
Hi, Purchased a foreclosed property, ready to rent n 10/15/07
I redid most things...
Here is how I planned on depreciating, but called IRS to ask a question, and they seemed to imply that all of these should be adde...
Evan Hamamoto
Good ways to estimate expenses and rent
Hello BiggerPockets!I am a 23 year old looking to buy my first duplex for a house hack in Columbus, OH. I understand the different expenses and revenue involved in real estate, but I am not sure how to get good estima...
Robin Evans
Self employment or long term investment income
Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...
Dave Grimson
Property analysis - too good to be true?
Hey everyone, i've been analyzing a lot of deals lately and want to get some of your thoughts on this property and my analysis. The Property:2 family property, 864 sqft both units, 1860 yr builtunit 1 is 3 bed 1 bat...
Snehann Kapnadak
Deal Analysis - 4Plex
Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
Lue C.
What are you investing in with your IRA?
I have been researching REI with IRA money. Here are some of my thoughts, and I would love to hear what you think? More importantly, what are you investing with your self directed IRA and why.There are many tax bene...
John Kunkle
1/1 bed/bath Fourplex w/ no laundry worth investing?
Hey everyone so I'm a first time investor looking into multifamily properties in Charlotte, NC. Basically I'm looking at a fourplex for 125K. It says it has upgraded plumbing, water heaters, and electrical. My conc...