Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Mattie Covatch
New Roommate wanting to move in Same Day. Bad sign?
I had a new tenant (roommate) want to move in same day. I said a Thursday move-in is what I'm looking for. I told this person that I would send them the rental application. They said they had people that could vouch ...
Demetrius Davis
Is Bronzeville Chicago a Viable Condo Flipping Market?
I have one rental unit (condo) in the Bronzeville neighborhood of Chicago (south side) and am considering purchasing several more, but this time to flip. I don't see a ton of non-foreclosure closed sales on Zillow fo...
Jahan Habib
2 Family Property owned by my Parents - Sell or Rehab & Rent?
I am not sure if this the correct forum to start this discussion, so please feel free to move it as needed.I am looking for some advice regarding a 2 family property that my parents have owned for more than 15 years i...
Kimberly Weatherford
Tenant wants to count unreported cash income
Hello everyone. We are looking for a tenant for our first rental property. One applicant is a tattoo artist so basically self-employed. We asked to see tax returns and what she has reported as income does not meet our...
Lori Peten
Looking to buy my first home for self.
Lori here, I would like to purchase my first home under a lease option giving me time to save the down payment and clear up credit issues. Is there anyway being I am a newbie investor to make money on this deal as wel...
Patrick Fermo
Owner Occupied Loans
Hello Bigger Pockets World:I just read something I thought was interesting, and was hoping the brilliant minds on this website could help me sort it out. The following excerpt is from an article describing the rules s...
Marisa R.
How to Increase Your Cash flow?
How do you increase your cash flow and minimise your expenses on your portfolio.Be interested in what you do
Nicholas Tanner
Finding a too good to be true deal, Help!
Hey, so I found a deal where a house is selling for $4,500 (yes I put that correctly). I visited the house today and it is a different type of house that it was listed for. It was listed as a studio, but when I went i...
Virgil Nethercott
Declo Mobile Home Park
Investment Info:
Mobile home buy & hold investment.
Current
Declo Mobile Home Park was acquired November 30th, 2018 by Virgil Nethercott on behalf of Declo MHP, LLC and under the management of VBN, L...