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Okay I have a few questions about acquiring property once you already have a few under your belt.
Let's say you own three houses that are each worth 200k. One is completely paid off and the other two you have 50k eac...
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Picked up a few single family homes in the last few months. They have been remodeled (completely gutted, rebuilt, and ready to be rented). ARV on the first should be around $185k (I have $130k into it with the purchas...
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Hi,I was wondering how and if my wife could qualify as an RE professional for tax purposes? I would love to be able to write-off some of my W-2 income.She is a stay at home mom with our 1 year old son, and uses her fr...
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Tax Question (two scenarios) - Question builds so please read all three bullet points and provide feedback:
1) Capital Gain – seller purchases a property for 40K. 20 years later property is fully depreciated and se...
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Hello everyone, I am still trying to learn a lot about RE investing. I've binged listened to a lot of BP podcasts, read the forums and 3 BP books, and still trying to learn the best strategy for me. Currently a renter...
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I've read advice here on BP saying that it doesn't make sense to hold RE in a "tax efficient account" because you "lose all your tax benefits of RE". I find that puzzling and I'm looking for clarification. Sure you ...
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Hi my name is Andrew, I am 22 and I am from Southern California and currently still living here. I am looking to connect with like minded people who have goals of becoming a successful Real Estate Investor. I have beg...
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Hi! My husband and I just closed on our first investment property last month, a duplex in High Point, NC. We're currently rehabbing it and hope to have it complete by the end of November. Since we're in an area that g...
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Hi everyone,I have been owner occupying a duplex (renting out one full unit plus spare bedrooms) in Dover since 2016, get rents totally $3440 monthly, seen great appreciation on the property value, and want to open a...
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My partners and I recently (6 months ago) purchased a commercial building which we are also operating a business out of. Things are good and we are not looking to sell. However, another local business man has inquired...