Account Closed
How are investors preparing for SALT cap of $10,000 now
The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
Dolores Gonzalez
Should I continue to invest in Illinois or focus on Indiana
Hello BP,I own 3 multi-family buildings in Chicago. I have plans to ramp up my real estate investing. I would love to acquire another handful of buy and hold rentals over the next few years. I have also been contem...
Stone Jin
Which to pay first?
Here is the situation,My wife and I are at a point where we cannot buy/manage any additional properties. We are starting to look into paying off mortgages. The question is should we payoff the ones with the highest ...
Devang Patel
Tenant not paying gas
My New Jersey lease strictly states the tenant would be responsible for paying the gas. They have not paid the gas bill for months and I am wondering if this can be grounds for eviction. They are however paying the ...
Dylan Tettemer
Investing out of state
I'm going to be investing out of state and the only area that I do know is too expensive for me to really make any money there right now. Does anyone have ideas on how to pick a state to invest? I'm thinking of moving...
Sanford Myers
Shiny Object Syndrome
I am a new investor looking to get started. I live in the Upstate of South Carolina between Greenville and Clemson. I am minutes away from three Universities (Clemson, Furman, and Anderson) with opportunities for stud...
Charlene Stovin
First Time Property - Forming an LLC
Hi all, have another oneI was in the process of registering an LLC for my investment properties; I don't have cash, and financing I have heard for an LLC will be much more difficult than if I were to put the property ...
Ezra Nugroho
Tax Implications of Seller Financing via Note
Hi all,I just read this related topic on tax implications of Subject To: http://www.biggerpockets.com/forums/51/topics/1303...My question is what are the tax implications of seller financing that is done via the creat...
Kelly L.
HOA Foreclosure
Hi guys,
I am new to foreclosure purchase. Recently, I've decided to invest in foreclosure properties. Are the deals that are foreclosed under HOA legitimate? These are actually in foreclosure auction, but it...
Marc Littmann
The Fair Tax
This is my first forum question, so thought I'd start out with something light, such as tax reform. I just re-read "The Fair Tax Book" by Neil Boortz and former Congressman Hal Linder. Has anyone read this book y...