Hey Everyone,I have an idea, but I wanted to run it past all you smart, sophisticated, and highly intelligent people to make sure I'm not bat crazy. So tell me your honest thoughts and opinions on this please.I have a...
I got into rental property with the intention of using the depreciation on the property to help lower my taxable income. My accountant just let me know that I was unable to use any depreciation due to income limit...
Hello all, and thank you in advance for the feedback:Background:Rob and I have similar backgrounds managing vacation rental properties in Miami. We'd like to to buy a 5-bedroom home that was referred to us and manage ...
I've purchased our first rental property (condo) in Northern VA for 2 years, have a great tenant, but ROI is pretty low. Now I'm looking into Pittsburgh PA and Frederick MD, hoping to receive some advice from BP: 1) D...
I have a couple of paid-off rental properties in the midwest that I acquired in the last few months. I am working with a legal team to get these properties under a legal entity. I am thinking of taking heloc for those...
Hey everyone, I'm under contract for a house that is quite old (1930). The stairs to the finished attic are not up to code, which is not overly surprising due to the age of the home. My question pertains to the lega...
GOOD MORNING JUST A QUICK QUESTION ABOUT SAVING ON INTEREST PAYMENTS ON RENTAL PROPERTIES . WOULD IT BE GOOD IDEA TO PAY OUT A RENTAL HOUSE AND SAVE ON THE INTEREST ON THE LOAN OR LET THE LOAN RI...
Hello, I'm a huge audible fan - as I have a long commute to my office (1 hr 20 mins), so I'm looking for some great real estate investing book suggestions. So far, I've read 1. Investing in real estate with no (and lo...
My parents bought a house for me because I did a short sale 7 years ago and wasn't able to get a loan back then. They have a 1031 exchange on this property . They bought it for 360k and its worth 499K now and 200k is...
Newer Landlord - have done my own taxes historically and felt pretty confident in them. Not as much now with a rental property. I am HUGE on using people who are recommended (for just about anything). I don't like tak...