Hey everyone,
I’m in the process of looking for a lender in order to figure out what sort of loan I can get approved for.
After running numbers for some single family homes within the county I am shopping in (Solan...
I have five units trying to sell.
Hello all,
Once again it’s a pleasure to be part of such an amazing community. My question is how to claim proceeds from flips when I am the contractor. I own my own remodeling company LLC and do flips when work is s...
Hello! I want to turn out first home to a rental property but needs a new roof. For tax purposes later, can we claim the roof? Do we need to be making cashflow in the property to claim the roof under depreciation each...
Afternoon,
I recently purchased another single family home to live in, but I still have my condo that I own and want to start renting out. I've done a bit a research around LLC's and creating one - (unfortunately, I ...
We recently moved to a new state (where properties are quiet expensive compared to TX) and we found a quadplex for sale for $429k. Rents are a bit below market at $955 and we want to owner occupy utilizing the FHA pro...
Hello, I love BP and am motivated to stop renting and house hack. Living in CA everything is really expensive. Seeking to do a FHA for a duplex but how do I know if it is a good deal when I will need to pay for my ...
I have a few small renovations I want to make to one of my rentals. Each renovation is inexpensive, and it would be so much simpler to treat them as deductions for the 2016 tax year rather than depreciate them over se...
Hello Bp'ers I recently met with a seller and she has 5 duplexes that she wants to let go of as she is ready for retirement. Here are the numbers. Let me know if the deal makes sense for Sub2. Keep in mind that I ...
What percentages do you NEO Investors typically use? Price Points are 40k-90k. How much will these expenses run me on average. What is playing it safe?
CapEx, Vacancy, and Repairs. Or any other misc expenses.