Philip C.
Am I a "Business" or "Investor" for Tax Purposes?
Hello,According to NOLO's Tax Deduction Guide, the waters are somewhat murky when determining whether a rental property owner is a "business" or "investor." I own one out-of-state single family residence that has ten...
Donald Hendricks
Capital Gains Tax at 0%
Ok... I have been alseep at the wheel for a minute, so I am not up to date.I have decided to sell a rental house that I have had for over 2 years, so it is in the long term catagory. I am selling because I moved out...
Ryan E.
Help A Newbie Out! FixnFlip on market but $ reserves almost gone
I "finished" my first fix n' flip and got it on the market a couple weeks ago (type in Liverpool Drive Charleston SC in Zillow to see photos). The project went about $20k over budget and 3 months behind schedule. Have...
Dewarren Sanders
Is my first deal a bad one?
I got my first property under contract a few days ago and it seems to be a pretty good deal. I have been marketing for a buyer for the last 2 days and have not had one lead. I am hoping that anyone here will be able...
Kevin Darrell
New to real estate investing. Was looking at out of state investments as a recommendation from a friend because of the cheaper price of properties.
Hi everyone, my name is Kevin Darrell and i'm from Long Island, New York. I initially came upon Biggerpockets.com while trying to find some background on a company called Strongbrook that a family member approached me...
Sean Stroh
Refinance. Or, Stay the Course
I am a fairly new investor and have pondered a decision on my first single family home:a)Refinance the loan to increase monthly cash flow. Or, stay the course with minimal monthly cash flow and faster loan pay off.I h...
Guylaine Dore
Subvention technique?
Hello everyone!I am looking at a great house that needs a lot of work (this would be my personal house). Financing is the struggle.I heard about the subvention technique in Canada and would like to know if this is ap...
Laurence Obi
CREDIT CARDS FOR MY CURRENT REHAB??
Hi Bigger pockets family,
So.... I am considering getting two $40k limit credit cards and using them for my rehabs going forward.
Question is, some of these will have a 0% APR for the first few months and this will ...
Daniel Porter
Appraisal question and confusion
I'll try to keep this straight to the point, so I apologize if I get off course.I found a property in NM that had just fallen through last minute (buyer ruined their credit score and lost financing).I was able to get ...
Rico See
Accepting partial rent payments
I have a late paying renter in a turnkey property in Memphis,TN. The management company is accepting partial rent payments from the tenant. I know in California if a landlord accepts partial rent, that may have a...