If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the...
Hi everyone,
I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...
I'm newbie to all of this. I have a rental property in Austin, TX that has almost doubled in value since purchasing in 2008. I Have had amazing renters for the last 4 years that have said they are moving out. My wife ...
Hey guys I've been doing some research on house hacking for the past 3 months and I think I'm ready to get my feet wet.
A little about me. I just turned 21 two months ago, I have a FICO credit score of 759 and I ma...
I currently have a job with a 55k salary, which i'm highly considering to give my two weeks due to the high stress level and overall a bad company to work for. My only motivation to go into work is to save more money ...
When I learned earlier this year that I was pregnant with my second child I considered putting off my goal (AGAIN!) of buying my first property. Where would I find the time? My W-2 job had me working 60-80 hrs/wk and ...
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
My and my husband's goal was to be able to retire on our passive income by age 30. We just hit our goal, both of us at age 27! We are so excited and can't believe how our hard work paid off, and even more quickly than...
Hello people of bp, i am in the sf bay area and in the process of purchasing my first home. Through the pre approval i come to find out i am about 30k short in available funds in my account , and cant deposit the diff...
Long time listener of BiggerPockets - finally decided to take the plunge and ask for feedback & analysis on the transaction below. Numbers are pro-forma done by me. Property is a 4 unit 2 bed/1 bathapartment compl...