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I bought a rental (Town Home) back in 2004 & have been taking a depreciation so that I could get a bigger tax return. The CPA that did my taxes this year advised me that I shouldn't be taking a depreciation if I ...
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Hello BP Community,
I am currently deciding whether I should HouseHack in Southern California, which as we all know is a very expensive market or invest out of state in the Cleveland Ohio area. What are the pros/cons...
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I just incorporated. I want to flip houses until I have enough money to move on to commercial/land development. Where do I start to start gaining capital myself. I am trying to get myself into a new job course...
Tha...
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So heres the basics. I’m a full time landlord and currently building my own custom home ( remodeling a commercial building into a home). So in short I don’t have any time left for more projects for a while. My also a ...
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How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
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I live in Thousand Oaks California. I have one single family rental unit(zillow estimate $650000). I have a equity of $250,000. I don't have positive cash flow in this property. I have one rental condo unit in Simi Va...
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I have been gaining more and more interest in the idea of investing real estate, particularly multi family properties. I am looking to find the proper resources to answer my questions and guide me in the right direct...
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Hey everyone. What would you recommend as the best strategy for someone who does not own any properties and lives in Massachusetts?I started a business right in the beginning of 2020. Timing couldn't have been better ...
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Hi,
I haven't spent much time in online forums in the past, however, I am beginning to realize the benefit of being able to network other people that have similar interests and goals. I have owned rental real...
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Hi! I am originally from Lancaster, PA, but currently live in Southern California and work for a beach volleyball camp. My interest in real estate is pretty accidental... When I first started working at the volleybal...