Mortgage Update: Outlook is not good. The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My coffee shop typically turns about $1,000/day. As of 15 minutes ago, Carlos had ...

Trying to get into real estate. Firt step is buying a house with plenty of equity.  So now that i have one under contract i estimate 35k in rehab.Purchased for 200k and the after repair value will be 300k if done righ...

If I would get licensed primarily to get access to the mls, and in general gain that knowledge, does that adversely affect my tax status.

I have no intention on quitting my day job, so if I get licensed, buy ...

I had a contractor who I had to fire as it became appearant that he could not complete the job.  I had already paid him for several items including a few that needed to be redone as they were not done properly the fir...

So I purchased a new primary residence that will be either a future flip or rental. As my business grows, I am trying to hire out more work so I have a contractor that a lot of the local flippers I know use. I've seen...

I’ve left an employer after 9 years and have $100,000+ in retirement sitting in a 401K. I’m undecided on what to do with it. Move it to IRA. Roll it over to new employer. Cash it out, pay the penalty, and buy more rea...

Recommendations for legal counsel specialized in RE transactions? Financing fell through due to loss of job mid-transaction. Financing contingency in PA is checked and clearly states EM to be returned to Buyer. EM was...

Some here may have read the Erentpayments blow up thread here.https://www.biggerpockets.com/forums/52/topics/499...I'm suggesting discussing a better / best rent processor be its own thread.  Other threads here focuse...

As someone who reports to sec for our loan portfolio - blows my mind how loans held for sale must be reconciled and valued frequently where as held for investment never have to be adjusted. So banks can just say they ...

Good morning!
I am a new landlord of a condo and am curious about my tax write off's.  I'm clear what it is I can write off, what I'm not clear about is how much (or what %) of each category will come back to me.  He...