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Before today my mindset was buy cash flow rental properties. I talked to a semi real estate investor who inherited 3 properties. She told me I should flip instead of rentals because by the time you keep fixing issues...
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Can you avoid or defer most of the taxes if you have an investment property inside of an LLC by using depreciation or maybe even in conjunction with a self directed or rollover IRA? If so what are the proper steps and...
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I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...
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Hi all,My husband and I are one month away from being debt free and will be in a good position to jump into RE. One issue we’re having is the simple question of how to actually pull it off. We’re in Long Island and th...
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I'm 24 just starting out, I have $150,000 cash and need some advice. I'm living in Denver CO and I'm looking to fix and flip. I need some advice on where to look for properties I'm having a hard time finding houses I ...
Hey everyone! I have 200k to invest and a monthly cash flow goal of 5k a month. I have one property that cash flows 250 a month. What route would you go to get to $5k monthly in 2 years? BRRRR SFH? MFH? If it were a b...
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Hello all,I have tenants who were on a year lease that converted into a month to month lease per the terms of the original lease. They gave a 30 day notice to vacate mid-way last month. They paid for the current month...
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Hello BiggerPockets friends,I have my first duplex deal locked down. However just finished the house inspection and the inspector tells me everything is solid with both units, except the furnace and AC. They are both ...
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Has anyone had experience buying a home warranty to streamline maintenance costs? Seems like a decent concept if you include are comprehensive in the policy...especially now that I am self managing a number of my prop...
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I am a licensed electrician looking to potentially open my own contracting business. I also am a landlord of 2 rental properties and plan to continue expanding my portfolio. Any suggestions which route I should take? ...