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Hello,I'm 34 years old and have been investing in rental property for about 10 years. I started when i was in college and enjoyed it enough to continue buying them on the side. I'll try not to drag this on too long, b...
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I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
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I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
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Hey all,Question here, obviously i will follow up with a tax attorney but wanted some preliminary info.Due to current mortgage rates I am exploring ways of getting creative. I have the opportunity of a parent who has...
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Hey there BP, I need some advice! After recently reading the book on tax strategies for the savvy real estate investor, I decided to review my past returns. Guess what! My taxes are all messed up! The good news is ...
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Hey everyone,I just finished my first flip and profited over $30k! It feels good to know that I can be confident in my numbers and rehab estimates. I was only a couple grand off, which I feel pretty good about. Did...
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Hey BPers,
I'm looking at doing my first flip in San Diego. The only hesitation I have with this deal is that I THINK it could sell for 580k based on comps but this area is not consistent. There are homes that have o...
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Hello everyone! My fiancé & I have been pooling in our savings together for our own real estate investment for the past 5 months and have a goal to begin sometime after 12 months of saving (so far so good). I have...
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(LENDER SAYS I CANNOT GET THE LOANS I NEED THAT WOULD STEM FROM A 1031 EXCHANGE. I MUST HAVE A JOB HE SAYS BUT I HAVE $.I want to 1031 exchange my CA rental home which if sold would put me about $180K profit to re-inv...
Looking for some input on this deal I'm looking at in Central LA. We've been saving a while to be able to invest in a new construction multi-family. Plan is to house hack for 2-3 years and then rent for full rents. ...