I ran across an article (I think it was CNN) that made reference to some change to the tax code that was included in this new stimulus bill. Something about a change to depreciation limits. The article framed it as ...
I have a question about how we are defining the 50% rule.
For most people I talk to in normal, non-forum life, "mortgage" refers to PITI.
When the 50% rule is defined as (gross - mortgage) x 0.50 = expenses, are yo...
Hi everyone, happy Monday. Has anyone had any luck finding a lender who would finance 80% of the PP, out of LLC, based on projected STR income? Or using existing properties as comps? TIA.
A theoretical question. :-)
What is an average penalty in VB area if the condo association considers that the owner violated rental restrictions? For the sake of conversation they permit 6 months minimum and the tena...
I am interested in purchasing a rental property in the Houston, TX area. I previously lived in Katy, TX from 2018 to 2020 and observed significant growth in the suburbs. Currently, I reside in Washington State, but I ...
Do you guys have luck with calling previous landlords of possible tenants? I was told earlier today that some landlords /management companies will not disclose information regarding previous tenants. Also, is anyone...
Please help! I don’t want my home involved in a crime, can’t prove anything, but there is so much suspicious activity happening!I moved out and rented my home out to a tenant I found on Zillow. I’ve since seen many re...
Hi All,This summer, I would like to buy a duplex to live in and rent half.I subscribed to BiggerPockets so I have access to the tools.I read this:https://www.biggerpockets.com/...Is there any specific advice you would...
TLDR; What are the "Rules of Thumb" for STR acquisitions? In long-term rentals, there are plenty of rules of thumb that help you quickly decide if a listed property is worth pursuing. 2% rule, positive cap rate spread...
Do we lose tax benefits when buying investment property in cash, and then doing refinance?Does the 90-day rule for refinance after cash-acquistion, apply for investment properties?Otherwise, does the cash investment b...