Rick Jones
Property not "in service" in '16. Can I expense taxes & interest?
I know that this can be done but not sure how how to do it. I want to write off property taxes and mortgage interest paid for property purchased in 11/16. Its still undergoing a rehab so its not "rent ready" yet. I kn...
Doug Merriott
New Investors Need Help on Multifamily Unit
Hello Bigger Pockets,
My wife and I have begun looking at our next property acquisition and I honestly think we found a diamond in the rough right away. The property is three buildings on four 25'x145' lots (...
Andrew UMphrey
Our first offer - Any suggestions?
My wife and I just made our first offer on a bank-owned property. We were dragging our feet after viewing the property twice (once with agent, second time with contractor and agent). Got a message today that another...
Michael Dunn
Pay down Credit Card debt, to Increase Loan amount ..........
Good EveningI need some help in figuring out what to do with paying off 2 credit cards, and by doing so.... Increasing the amount that I can borrow for the purchase of a property, by another $10,000 ( I came up with ...
Quincy Baker
1031 Exchange Question
I’m trying to understand the basics of 1031 Exchange.Q: 1. The benefit is that while capital gain taxation is deferred it temporarily frees more money (profits/equity) for re-investing is this the point? 2. Does 103...
Matthew Poff
4-Unit
I am interested in buying a 4-unit property in my area. The rents are/should be around $1,150, $725, $725 and $500....the property is currently vacant and has been for over a year. Owner pays all expenses and utilit...
Aaron Dixon
RVA Utilities for MTRs
Happy Friday All,I’m attempting to run a few analysis on small multi families and could use some help gauging average monthly utilities costs in RVA.
Each unit would be set up as an MTR so I’m assuming typical utilit...
Simon Stahl
Utilities and garbage cost for MF properties
Hi thereI was wondering who usually pays for utilities and garbage service in MF properties in and around San Antonio. Tenant or owner?Simon
Tevis Verrett
Solar Panels, Multi-Family, & Charging/Collecting Utilities: How To?
Good Morning my BP Peeps!
I read a post by Joe Bertolino that piqued my interest. He had just installed solar panels on his property and was awaiting the outcome.
I then searched BP to see if this question was alre...
Rahul Kanani
Upset Sale PA, Delaware County - Quiet Title Action & Abandoned Personal Property
I have recently received the Tax Deed to a property which I purchased at the Delaware County PA Upset Sale. My plan is to rent out the property and refinance the property as soon as possible. I have a few questions re...