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I am a new landlord and my rental bank account is just starting to gain a little momentum. I keep it separate from my personal accounts. Apart from keeping what I need as far as mortgage, taxes, insurance, and cushi...
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Investment Info:
Condo buy & hold investment in Reisterstown.
Purchase price: $54,000
Cash invested: $18,200
2 bedroom, 1.5 bathroom Condo that needed complete rehab. Decent area, top floor level...
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I don't mind paying uncle sam but I want to pay the minium possible. Any suggestions will be helpful. I am closing on my first property next week. I'ts under my name which is a bit risky from my understading from a...
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I just graduated college, so my knowledge on buying and selling real estate is very little. I've made it through the first 17 BiggerPockets podcasts now and read a bunch of articles in the last 6 months, but can someo...
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Hi Everyone,I am an aspiring investor in the NYC area. I was always curious as to how people are able to invest in this are given how expensive is it. (Home price, property tax, etc) Is it worth investing in high pric...
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Hey BP!Have another tax related question that I'm hoping someone can help me out on. Up to this point, I have done Buy & Hold on all of my investments so I am not sure how taxes work (aka capital gains) on a fix &...
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Is it beneficial to have an LLC before flipping and rehabbing homes? What are are some drawbacks you've encountered by not having an LLC established?
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Hi,
Can one of you walk me through how taxes work on an investment property?
Let's assume the following. 50k property.
Income - PITI = $910 in cash flow for the year
Rental income - (Intere...
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Hi, I am evaluating to purchase a property south of DFW wherein the county Tax records show that the taxes are nearly $4500 with assessed value of $158000. (Market price may be even higher). With expected rent i...
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Hello All,My name is Patricia and I am eager to get into real estate investing. I have been pre-approved for $100k already and have been searching for a great multifamily deal in North Newark area. If you have any s...