Is it a good deal to get a duplex (for the purpose of house hacking) if you paying small amount from your pocket every month to cover all the costs?

Dear BP Members,We installed a ceiling heater and exhaust fans for a small bathroom for our rental property. There is no heat source in the bathroom. That is why we took the suggestion from our contractor. However, we...

Adjust accordingly! 

Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...

Ok quick question regarding taxes. I purchased my first rental and on my earned income i make under 25k a year as a server (don't claim enough tips), basically I am looking at purchasing Albert Aiello's tax software, ...

Hi Guys,Currently own multiple properties (Sfr),they are spread out into various LLCs, having couple of properties in each LLC.these LLCs are all owned by and a subsidiary of a 1 holding LLC.Rent is currently flowing ...

I'm trying to understand if my SFR is worth holding or selling.  I'm in Binghamton, Broome County, New York.  My goals are to buy and hold high cash flowing property and manage flips for cash for down payments.  In or...

Good morning!  My husband and I bought a fixer upper duplex in 8/14 with a 5% down FHA 5/1ARM at 3.75% (we are living in one unit).  We did a massive reno on it and should now have the 20% equity needed to refinance a...

I have read and watched several well known real estate investors talk but not go into detail about how they somehow manage to live tax free including their living expenses ( groceries etc.). I understand tax deduction...

I'm starting my venture into real estate investing. I'm about to open a  self directed 401lk. I'm aware of the rules regarding only using this account for all things related to the investment property.  Does this appl...