Thomas Hickey
Ways to increase appraisals of 5+ multi?
Hi All!
I have to this point mostly owned "residential" multifamilies. As I look into larger properties i am wondering if anyone has a list of improvements to make and estimated improvement $ amount to be added to va...
Jimmy H.
Intentionally Paying More Taxes?
I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...
Jackson Long
"Tax benefits" explain?
Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
Sara Bradford
Offsetting passive income
Our tax lawyers are always fretting about the passive income we are targeting to be taking in. I have made this my full time job. Do other Canadian investors all maintain active income to reduce the burn?!
Ryan Ryu
Best legal structure for my investment properties?
Hello, allMy name is Ryan in Montgomery Alabama. I own 5 houses (1 with Mortgage, 4 paid off)I am living in one house with mortgage on it. and 4 houses are rented for maybe around $650 net income(after property tax, H...
Samuel Carmichael
4plex income ( do you pay taxes?)
Hi BP Team,
If I buy a 4plex and am using the rental income to pay down the mortgage. Do you pay tax on that income before you can use it?
Or can you put the full rent amounts you collect straight onto the mortgage...
Henri Meli
How I added over $750,000 in value in 18 months of ownership
We are approaching the Thanksgiving season and I thought I start off a little early with a progress of ownership and a big thanks to the whole biggerpockets.com family. @Joel Owens in particular. I made my first real...
Joseph Bramante
The Silent Portfolio Killer: Inflation
The inflation alarm bells are on high alert, and investors are jittery.Inflation is unavoidable at this moment, with economists forecasting inflation for 2021. Last week Billionaire' bond king' Jeffrey Gundlach warned...
Bruce L.
Taxes on Paid Off Rental Property
Hi Guys,
I have one more payment in December of this year and one of my rental properties will be paid off.
What things do I need to plan on in the future now that the property is paid off?
How will this affect m...
Account Closed
Do I focus on Paying off my mortgage?
Hey Everyone!I'm closing on my first property that I will be house hacking with. I'm in a condo with a buddy paying me rent. I will have a $220k 30-year fixed rate mortgage at 4.875%. Using amortization calculators I ...