Could an investor use the accelerated depreciation method in a house hack of a small multi family or a Duplex property? I understand this method is unavailable for a primary residence, but does that limitation extend ...
Hey all,I currently own two properties, my primary residence and my first home turned rental which is a townhome/condo purchased in 2017. I am also a real estate agent in the greater Seattle area. I'd like to learn if...
Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
I am trying to obtain a mortgage on a 200k house, but I only have 10k saved.. I would love to save that 10k + empty creditcards to do a little fixer upper on the house.
The thing is. I don't want to get an FHA loan....
Hello - My rental property has been rented for most of last year. In the middle of the year we moved it from our personal names to an LLC. The LLC was opened up in both my name and my husbands. Do we file one LLC and ...
I've heard of folks buying houses from sellers who've fallen behind on their payments, then leasing the house back to them to avoid the pain of moving, etc, but another idea came to me, which I'm positive is not an or...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $325,000
Cash invested: $32,500
Vacation home purchase in Tampa, FL that we have set up as a short-term rental.
...
And taxes!!I'm developing my strengths in estimating and budgeting, but I am so bad at keeping track of everything! Spending more time with my accountant trying to figure last year than I am working on any deals this ...
Hello,
I'm looking for a way to creatively access some equity in my portfolio to expand here in Columbus ,OH. I currently have 6 LTRs worth a bit over $2mn, with around 700k in equity, cash flow of 4-5k/month and my ...
Hi, does anyone by chance have a good lease agreement for WA state they'd be willing to share?I'm in the process of buying my first place. It's a duplex in Everett (WA). I'll be renting one side and living in the othe...