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$46,951.42 tax savings in the first year
If a Cost Segregation Study had not been performed on this $245,800 Single Family Home located in Cross Plains, Tennessee, it would have had first year depreciation of appro...
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My partner is considering taking the class to become a real estate agent. Is there much value in obtaining a Real Estate License just for REI purposes? Also if you are an agent do you have access to the MLS? Or do you...
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Hi Everyone,I'm a young professional who's saved up $50,000 and would like to start investing in rental real estate. I want to utilize as much leverage as possible so I am assuming a 20% down payment for a property. I...
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Hey Everyone, I have a small home service-based business that has allowed me to bring in about 60K Liquid. This will continually bring in about 8-14K/month. I've been listening to the biggerpockets podcast for a while...
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Hey, guys! I'm a 19 year old aspiring fix and flipper, but I have low capital and no experience. I've taken J Scott's advice (from "The Book on Flipping Houses") and I'm getting my salesperson's license. However, I...
I'm thinking of buying this house, or a house similar to it for when I eventually move back to Michigan.
http://www.realtor.com/realestateandhomes-detail/114-Washington-Street_Clinton_MI_49236_M41447-35717
I've alw...
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I keep hearing different views and opinions from re investors around me. Some recommend that I put my properties under LLCs (one for each) and others claim that an umbrella insurance would suffice.I currently have an...
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Hello I'm looking for a little feedback in this area. I am applying for a heloc and thinking to use it to put down 20% on a multi-family investment property and a down payment on a single family home. The idea is to u...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lynchburg.
Purchase price: $74,500
Cash invested: $5,600
House hacking is my first deal. Used the FHA 203K full loan to re...
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Hi BP community! My husband and I recently purchased a new home in Southern Missouri that has a large shop w/ apartment on it. A CPA I met with discouraged us renting it and encouraged classifying it as a home office ...