I am an investor and licensed Virginia Realtor living in Northern Virginia who enjoys transforming and improving communities by rehabbing run down and abandoned properties and making them available to families who wou...
Hi Friends! I'm a newly licensed agent in Wisconsin and excited to start my journey investing in real estate. I've been an avid listener of the BP podcast for the past 18 months, reading books, and I'm ready to take t...
Hello All,I am very excited to get into RE investing and my long-term plan is to build a portfolio of Single Family homes in the Los Angeles area where I live currently. I am great with my hands and would love to find...
I am stationed in Norfolk Virginia and I want to start building up real estate. I am only an E-4 in the Navy and I have a car payment along with a few other bills so I really do not have money to throw out. I’ve rea...
How did you scale your landlord business?How did you get financing?
Hello!We own several commercial industrial/flex buildings across Oregon, Washington, Utah and Texas. Some are multi-tenant. Many tenants are small businesses (e.g catering, CrossFit gyms, contractors), and some of th...
Im new to REI, but have been interested in it for years.A little background about myselfI was a carpenter for years, at one time I was working mid-high end residential on Long Island. I thoroughly enjoyed the work but...
Over my years of Real Estate experience I've come to know that so many renters have a very big misunderstanding when it comes to renting over purchasing. Let's have some feedback and see where we can get with this.
If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
I will try to be as detailed as possible, and am very open to suggestions. The house is owned by my father, but I currently live in it--basically to help him out of a bad situation. My parents were divorced, he ...