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Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test. Here's my ...
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I am confused. I just started learning how to underwrite commercial real estate deals. The property that I was interested in last sold in 2019 for 2.5M and the property taxes have stayed relatively the same since. How...
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Hi all,I'm in the process of purchasing a single-family home in Oklahoma City, OK. The section 8 voucher pays way above the note of a 3 bedroom 2 bath home. My question is for those who have section 8 single-family ho...
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So today I stumble upon something new that you the reader of this post probably learned years ago. I burn some time on YouTube watching videos on paying less taxes.One popular real estate youtuber grant Cardone says d...
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Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
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Hi all, I'm moving to Philly next summer because of the job I'm planning to buy my first house ever (if the numbers work out). After reading 3 books (4th one is halfway done) and listening to 50 of the Biggerpockets p...
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I recently purchased a rental property. It is a four unit apartment building. There are only two electric meters, one of which covers three units and the other covers a single unit. There are three gas meters. One...
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Guys,Looking for some guidance here. More or less closure in this instance. I am shopping around for Refi options in Ohio and am going back to my original Lender for help. Here are their comments:"If you pay cash f...
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Hello,I bought a house in a tax sale in Georgia which is a tax deed state with a redemption period of a year. That deadline has just passed and the house is abandoned. I wonder if I can take possession of the house no...
I was jsu wondering where does everyone buy their materials for their flips? I am based out of Chicago/Northwest Indiana area and I have found some places to get some really great deals and other places I have paid...