Will Barnard
Cash Flow vs. Appreciation
Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...
Brian Gibbons
Starting out - get a quick start this spring doing terms deals
i'm starting this thread and I'm going to try to make a post every day on how to get a quick start this spring.For 30 years I've done my best to give us our two offers a cash offer in terms of. Terms offers a more att...
Cassandra Boyett
Turnkey Rental Property a good idea for a first-timer?
We live and own in California where we can't afford to do much, so we'd like to invest in a rental property somewhere else and this will be our first purchase (aside from our home). Can anyone break down how Turn-key ...
Robert DeForge
Have $40,000. Where would you put it for the best return??
So, my wife and I have been have been saving for a while, which isn't really easy. (Two kids, tuition, CA prices..) But we do live a pretty thrifty lifestyle. 2001 ford truck for me and 2010 Pilot for the Mrs. All pa...
Joshua Dorkin
Updating the BiggerPockets Influence System
Hey All -
One of our upcoming projects is to update our influence system to one that better reflects a user's influence on the site.
We will be transforming the system from the current limitless influence scale to a...
George Habator
Deduct interest from investment for residence deduction
Hi, all. If I get a HEL on an investment property to build a primary residence, is the interest on that loan considered interest on a residence that can be deducted with itemization? Thanks
Navid A.
Deducting Business Expenses & the Standard Deduction
If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...
John Public
Rental deductions
Guys,
I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:
From the net operating income...
Joseph Pugliese
Doubtful Deduction
The median priced home is $220,000. Assuming 10% down and thus a $198,000 mortgage, at the current 30-year mortgage rate of 3.7%, that works out to a payment of $917/month. Add $180/month for property taxes and the to...
Christopher Persaud
Tax Deductions
Hello, I am a new agent in NYC. What expenses am I able to write off?Just curious.Thanks