William Coet
Using Leases To Prove Income To Lenders
Hello,-Can leases be used instead of tax returns to prove income to lenders? -For an equity loan on an income property, can leases be used by themselves to prove income?-Do banks always require tax returns? Do priva...
Account Closed
Wholesaling and taxes
So I'm just getting started and I haven't bought any courses or anything, but I'm still learning. Are wholesalers considered independent contractors, or do you form some sort of entity ( LLC, Limited Partnership, Corp...
Nat Serrano
How much will I pay in capital gain taxes?
Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...
Thiag Sivalingam
Cost Segregation study?
Looking for advice - Does it make sense to do a cost segregation study on a property (and claim accelerated bonus depreciation) I bought this year considering the following? why/why not?
(I understand that I need t...
Phillip Ballard
First Rental Investment Strategy
Hello, I am a new member to BiggerPockets. However, I was drawn to this forum as I am currently reading "The Book on Rental Property Investing." My current situation is that I am renting an apartment with a friend/roo...
Austin Cardon
Accounting for taxes in real estate analysis.
I am working on my evaluating 100 different deals before I make my first purchase (I really liked this suggestion) now I have done maybe 20 and found that I’m definitely missing a huge chunk of analyzing these deals. ...
Karla P.
Newbie from Austin Texas with a "good problem"
Hi,I'm a newbie here, but have been wrestling with this decision and studying up and would like feedback.We have a house in Austin we bought in a very good neighborhood/school zone in 1995 for 110k. In 2002 we moved o...
Steve S.
I have 2 rental properties. Benefits of paying off early?
What are the pros and cons?I have bought them within the last year. I could probably pay off both in 3 years or so and would gross about $3,000 per month in rent at that point.Are there reason NOT to do this? $3,000...
Ingrid B.
cap gain tax if not 100% of the proceeds go into another house
Greetings. I own a property that I am planning to sell, it will have long term cap gain. I don't certainly want to invest all 100 % of the proceeds into another property. Say only 50% of the proceeds goes into another...
Alex Pepe
Market Analysis (feeling a little overwhelmed)
I'm working through the process of selecting a few markets to focus on for my first property and I'm feeling a little overwhelmed by the process. Been working all day compiling a list of about 20 cities, now trying t...