Hello Everyone!I'm new to bigger pockets and new to real estate investing. I previously had a real estate license in Arizona, but now I'm ready to get involved in investing. I'm looking for rentals (Single Family / Mu...
3-Flat 2bd Apt, 2bd Apt, and 5bd 2 kitchen (I live in master bedroom) lease rooms separately 1yr at time, $40K income everyone has access to common area of main unit like a boarding house. Want to 1031 Exchange with ...
I know there are some land contracts where payments are treated as rent, and others where payments count towards the balance on a note.Most of the time when a buyer resells the house before the full term is up, is he ...
If you’re house hacking(living in a room, renting out the others), how best should you think about treating your property and rental income/expenses in relationship to your taxes?
* My tax preparer is not knowledgeab...
So the property I bought had previous termite damage and we are having it repaired and treated however. The pest company says for termites it will be 995 start fee and then 22 dollars a month. Pesticides are 70 start ...
I have been using a HELOC (8.3% interest rate) for Mortgage notes to make 10-12%. If am lending personally am I able to write off taxes from the interest from the HELOC, or would I only be able to do that with an LLC ...
In the spirit of holiday gift-giving. How many of you here give gifts to your tenants and why? TIA
Hey everyone,I'm a newbie living in upstate New York; I visited an accountant today to talk tax strategy. When I mentioned forming an LLC for asset segregation and protection, he said that an S Corp would be the way ...
Hi everyone!At one of my APT buildings, I have a 2nd story catwalk that needs replaced. The previous owner used NON-Pressure treated plywood and laid some regular carpet down on top of it. Problem is the carpet above ...
Hey everyone,I just had a tenants mother call me (1:00AM) concerned about her sons health as they live 9 hours away. Let's shorten the storyline to say he has had several open heart surgeries (although none recently) ...