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What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?
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I'm a newbie to the multifamily business. Currently have a 8-unit under contract, with closing in a month. I wanted your guidance/advice on the best way to structure the purchase such that I can protect my assets an...
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I am in the process of learning how to invest in real estate, now that I am mostly an empty nester. I was taking it slow at first, so I didn't make big mistakes. I was looking for a multi family home or one with a mot...
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I'm attorney in SLC. I'm current in a high debt scenario, and I am getting onto my feet financially after a two month medical leave of absence.I have a SFH in Sandy (suburb) worth $620k (bought $475k), and my whole fa...
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Hello all! I recently joined the BP community and have already been shown a tremendous amount of support! I am greatly appreciative for any and all information that is shared, so thank you for that. That being said, I...
I currently own two houses. First house is going to be on the market for sale next week. I bought it in 2005 for 273K and I am listing it for 600K. I rented it out for 4 years (2017-2021) and depreciated it during tha...
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Hello fellow BP'ers! I was researching the Holton Wise Property Group in Cleveland, to possibly invest in a turnkey property. I live out of state. Has anyone had any experience with this group? Or do you know of an...
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My partner & I (new to real estate investing) have been advised to pick a niche: homes for first-time buyers, “value-add” properties (those in need of work), foreclosure buys, tax lien purchases, etc. That said, ...
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HelloI started my real estate journey 4 years ago, purchased a few properties every year, my current portfolio includes 17 units with a monthly cash flow of $8K, now I am trying to figure out my next step. My initial...
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I have some ideas with my property and I am wondering if its worth doing to create more value or if it creates value at all.I have a small property and I am thinking of selling or getting a HELOC so I am in the middle...