Jay Mat
70 percent rule on rental property.
Hi I would like to know if the 70 percent rule applies also on rental property's?
Les Jean-Pierre
Inherited Property and Depreciation
Hi, I know the rule is if a person inherits a property there is a stepped up basis for capital gains purposes. Does the same rule apply to depreciation? The property in question is purely a rental and would stay that ...
Joey Stelly
Self Storage Market Analysis
I’ve Identified several locations within my region that, based on the trends in residential development seem to be under supplied and positioned to be great potential locations for new climate control self storage.
...
Ray Bailey
70% Rule for Rental Properties?
Quick question from a Rookie Investor in Denver... When buying a house to be used as a rental, what are the guidelines regarding how much to spend on the property? Obviously, we want to purchase as cheap as possible, ...
Ryan Shekell
2% Rule is Impossible
As STR becomes more popular, common BNB area prices seem to increase making 2% rule more difficult to find. Anyone have strategies for finding properties that cash flow? Is it finding off-market deals? Or is AirDNA da...
Hua Zhang
It seems that 1% or 2% rule doesn't really apply in SLC area.
Hi all, I am new to BP as a newbie investor. I have been screening deals on MLS for over 200 listings and it seems it is mission impossible to find a deal that is even close to 1% rule. Any thoughts, folks?
Dan Brindley
Does 2% rule apply to financed as well as cash-bought home rentals?
This may be a silly question, but does the 2% rule apply to homes that I would buy outright?
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One more thing, is the 50% rule only applicable to financed rentals? Be...
Michael Shea
DTI: Rent by room income on schdule E
I'm contemplating renting out an investment property(non-primary residence) on a room-by-room basis with separate longer-term leases for each bedroom. I'm curious if the income from these rentals, listed on Schedule E...
James Lee
Home Sale Gain Exclusion - Qualification When Transferring Title
Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
Daniel P.
Borrowing short term from SEP IRA
Hey guys and gals,I found a SFH that is foreclosed and needs some work. I am interested in purchasing it and keeping it as a rental after I do the needed repairs and fixes. Here is my issue...In the last two years I...