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I am looking to purchase a multi-family investment property that brings me positive income. My budget is around $400-430K with 25% down & I have excellent credit. I am open to all neighborhoods (NYC/NJ/LI) as long...
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This will be my first rental, a triplex. What makes the most sense tax wise close before yearend or after?
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I found a apt complex which I ran through the property analysis tool but I want check with the experts here before I decide to pass since the numbers don't seem to work. I may or may not be doing it correctly.
Here ...
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I have questions on whether I should expensing or capitalizing my costs on remodeling a property. I feel expensing is always a better option, since it deducts the overall taxable income to the most amount immediately....
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Hi, I know that this is likely a "speak with your lawyer/CPA" type question, but I figured I'd give it a shot here in case folks have personal experience with this. I do plan to deep dive with my lawyer when it's time...
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For all you Buy and Hold Investors out there in BP. If you had a multi-family duplex that had a NOI of $3700.00 a month ( this is a cash buy) and another one that had a NOI at $2600.00 a month(cash Buy) would this ...
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I have been sitting on the sidelines for quite sometime doing my research, but feel I am ready to take the plunge and purchase my first investment property. I am in the process of starting to look at properties and a...
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I am so glad to have found this website! Its great to see all the discussions and strategies used by successful investors :)
I am an software engineer by the day and dabble with real estate in the night over the last...
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Hi Everyone! I bought 5 units about 4 months ago. 2 duplexes and one home. All on one tax lot. I will generally buy one rental or one flip at a time, so I think I am letting the additional options of having 5 unit...
I am about to use a portion of my IRA and invest in a few properties. I wanted to get some insights from folks on their experience. Positive? Cautious?
Thanks
Tom