Andrea W.
1031 Exchange Questions for CPA/Tax Prof
I've read several BP articles on 1031s and am left with a lot of questions: 1. What happens if the final investment property is converted into a primary residence and then after at least 2 more years sold as a primary...
Jakub Bednarz
Mortgage with escrow account?
What do you guys do going into a conventional loan? Do you obtain a mortgage and supplement it with en escrow account or do you pay property taxes and insurance yourself? Usually banks want to give you a bit better de...
Jerry K.
Example of a Tax Lien payoff at 16% after 7 years
I just received a check from a northern Arizona county that pays off 7 years of tax liens I hold on a vacant land parcel. I earned 16% on the money. This was a simple vacant lot that had a foundation but the home was ...
Makhwarand Khan
Open an LLC out-of-state fees
Hello Investors,
I'm looking at investing out-of-state since properties here in Massachusetts are very expensive and gives me a poor ROI.
I'm aware that I don't need an entity to receive tax deductions on rentals. H...
Christopher Manganello
Denver Accountant
Hey All, I've also trusted and respected your answers on this site and was looking for some tax help. I am a first year Realtor in Denver and I am trying to find a tax accountant local who knows the ropes as far as Re...
John Teachout
How are you buy and hold investors resisting the urge to sell?
We are buy and hold investors primarily seeking cash flow that we live on. We typically buy SFR fixers and do some "forced appreciation". Our portfolio is still in the growth stage and we would like to acquire a few m...
Delvon A Byrd
Paying off mortgage
Why is it bad to pay off a 30 year mortgage In 7-10 years
Paul Doherty
Have some cash - payoff rental or invest it?
I have enough cash to pay off one of my rentals, which would increase my cashflow by about $600 a month (house rents for $1375 and currently cashflows about $400).Question is, would I be better off simply leaving that...
Evan Hamamoto
Good ways to estimate expenses and rent
Hello BiggerPockets!I am a 23 year old looking to buy my first duplex for a house hack in Columbus, OH. I understand the different expenses and revenue involved in real estate, but I am not sure how to get good estima...
Phillip Ballard
First Rental Investment Strategy
Hello, I am a new member to BiggerPockets. However, I was drawn to this forum as I am currently reading "The Book on Rental Property Investing." My current situation is that I am renting an apartment with a friend/roo...