Hi thereWhile I have lived on the Westcoast for a good part of my life, I am out of US for past few years. Recently I discovered cheaper houses in Pittsburgh (compared to the west coast cities), and I am thinking to p...
I would welcome some insight from this professionals on this.My mother owns a home in brooklyn NY, and is about to retire next year. I am contemplating selling the home and using the proceeds for a 1031 exchange where...
Hey BP! First post on here! Quick blurb about myself: I am active duty military, and starting to invest in real estate. I own 3 SFR, 2 of which are +cashflow longterm rentals. I like buy and hold of SFR and looking...
So I am looking at available properties that I could possibly syndicate (while I am experienced with residential real estate, I am relatively new to commercial RE). Here is a situation:- Property type: bank leased NNN...
I am new to the site but came on here because hey its time to change up my strategy. I have 250k in seasoned money with a 750 credit score. In addition I have 2 homes (renter occupied) and 1 commercial property (rent...
When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
A couple quick questions that hopefully someone has some experience with. I am looking at moving into a self directed IRA to purchase additional rental properties. Usually depreciation is one of the most valuable ta...
I'd like this thread to be a place where we compile a list of the major tax deductions available to a real estate investor. Since I do flips, I do not get the benefit of depreciation, but here are a couple of good on...
I live in CA. Is there a website or a resource that provides operating cost and rental income for multi family homes to help an out of state investor decide if this is a good area, and if the props are worth taking a...
My current residents is valued around $210000. The properties completely paid for. I'm a licensed residential real estate agent with less than 2 years of comission. I want to start leveraging my current home to purcha...