I asked a similar question earlier today about putting a rental property in service and deducting the costs of the rehab on Schedule E. Okay, looks like I can't deduct the make ready costs and I can tally the improvem...

Hi BP,I have a lender question I hope you can help me with. What should I expect to pay in loan fees when acquiring a loan for an investment property? I have great credit, zero debt and this will be my first conventio...

Hi Bigger Pockets! I have about $6k in a Roth IRA. I just looked at my quarterly statement and I made $43 this quarter..... can anyone shed some light on cashing out an IRA. I also have about $20k in my teacher retire...

Guys i need help here. I formed a LLC company in 2015 and i let it automatically dissolve last year(2017) by not filing an annual statement on Sunbiz.org. i did it on purpose because i was planning to sell my only ren...

Is anyone familiar with a gift of equity? I’m thinking about purchasing my mother’s home as my family consisting of me, my husband and daughter have been living in it and paying the mortgage the last 4 years. The hous...

First time poster here,I've been renting out my first home for the last 4+ years (same tenant).  Just recently, I moved from Virginia (where the rental is located) to Florida.  I was trying to sell the property to the...

Hi Bp,

So I have a 200k mortgage on my primary residence that's worth about 250k. But I plan on renting this house out in a year but I want to get a heloc on it before I do that, so I can get a highed heloc when it's...

http://www.zillow.com/homedetails/11340-Continental-Ave-Warren-MI-48089/83615790_zpid/

got an offer in on this house today. Have not heard back yet.

Needs floors and a new kitchen. Also will mak...

Hello BP,I just need a little clarification on strategies using subject to. Specifically, how do you handle taxes and insurance? As I understand it, acquiring a property subject to the existing mortgage entails that t...

Hi everyone,I have been on the forums for awhile doing research and I feel that it is time to get my first investment property.I am targeting a duplex in the East Bay and my agent/loan officer has come up with some cr...