Looking to buy another rental and do a cost segregation to boost tax deductions to offset income from other rentals. Question is, I have these 2 rentals in different states. Do I need to buy the new (3rd) rental in th...
A new city heights affordable housing project has gone up at a cost of over $800k per unit. Another one below at $600k+ a unit. As the local governments struggle to manage tax payer money responsibly, they should re...
Under contract on a property with signs of termites. From the termite inspector, there doesn't appear to be active termites, but there are "Evidence of termites staining, partial shelter tubes observed sheetrock in cl...
From PA. I currently have about 200K of equity in my house. Is it possible/a good idea to use a HELOC for a BRRR deal? I’m a rookie investor with 1 rental under my belt which has about 70k of equity. Open to suggestio...
Hello BP, I have a question about LLC partnerships and tax ramifications. I want to create an LLC to hold title to a house we have under contract. We intend to flip the house. My husband and I both have w2 jobs and so...
Buyers and Refinancing Owners, please remember to ask your loan officer about your eligibility for an Appraisal Waiver. The waiver will eliminate the need for an appraisal, thus saving you time and money during your c...
I own a rental property in San Antonio TX that is in a 500-year flood zone. However, that area has experienced quite a bit of flooding recently. Federal Funding for natural disasters doesn't cover rental properties. T...
I'm 23 years old and new to Bigger Pockets. Currently living in Ottawa and looking to learn as much as I can about real estate investing and the market in Ottawa. Interested in buy-and-hold/rental units. Would living ...
I was listening to this episode of the BP podcast that discussed which renovations & improvements for flips and BRRRRs are the best to add value to a property. One of the items that was mentioned was landscaping a...
I spoke to a company that works with my CPA that has offered to create me an irrevocable trust in order to reduce my passive income tax liability to zero, reduce my active income (real estate commission) to nearly not...