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I acquired an off market property a couple of months ago. Its a SF home, 3/2/2, 2700 sq ft on a large corner lot (3/4 acres). Loads of potential. Estimates from two different GCs showed rehab cost at more than twice w...
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I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...
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Hi Everyone, I am new to biggerpockets. It has been my dream for years to be able to invest in rental properties. My plight right now is that I only earn $33K per year. Have been looking for better job options, ho...
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I am in the process of subdividing a lot and building 2 new homes. It was brought to my attention that deconstruction could more than pay for itself with the tax deduction. But this is $30k more expensive than demoi...
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Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...
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Perhaps this subject has been discussed in depth before but I want to reinvigorate the importance of understanding the effects of recaptured depreciation and capital gains tax on sale of multifamily properties. I've ...
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Good morning all,
I am relatively new at real estate investing. For some time, I've been reading & watching BP podcasts regarding rentals. I feel that I've done most of the ground work, minus actually buying a pr...
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I live in CA and have owned several rentals in central PA for four years. It's in an area that is known to cash flow, but not appreciate due to a declining population. I've been thinking about selling a rental or two ...
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I’m looking to House Hack a Single Family Home in Southern California near a college campus (Los Angeles and surrounding area within 30 mile radius).I’m a single 25 year old, have about $30K in liquid cash reserves to...
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Hi all, I am just starting on my real estate investing journey with my current primary residence in the extended suburbs of Minneapolis. We are planning to list it as a long term rental. The house has a few amenities ...