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Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
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Hello All-
New to investing and had a few questions for those seasoned investors. My wife and I are looking at the mid-west to start investing (Ohio, Wisconsin, Indiana, Pennsylvania or Kentucky) My question are in t...
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We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
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Just getting started on a BRRRR in Nederland. Figured I would return the favor to the community and document my experiences here.
Key players: @Dave Foster, @Adriel Hsu, @Natalie Kolodij, @Sam B.Background At the beg...
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Hi, looking for a way to evaluate an RV Park? I am familiar with evaluating SFR and MFR as I own those. Ideally, I'd like a primer (tool) to help with the financials. I want to physically look at locations, gather ...
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Summary: Tenant violates HOA rules repeatedly and get's fined. Now denies it. I've asked for payment but they want evidence of the violation (that they previously always admitted to). Stopped talking to them at that p...
I am hoping someone can help. I am new to tax sale investing. I am afraid I made a great mistake. I recently bought 2 properties. One is a house, the other is a piece of land that has a condemned trailer on it. (I bou...
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I own an exclusive easement to get to my property (which is an island, or an enclave since it's not surrounded by water) this easement is the driveway from the highway to my land. It goes through about 350 feet long,...