I cannot find the answer to my question. Hoping someone here will help me figure out tax consequences of this scenario: Purchase price 150KImprovements 118KDepreciation 77KSale Price 450K So my gain is 450 - (268...
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...
Has anyone purchased from the Sacramento county tax lien auction? It's coming up here in a couple of weeks and my wife and I have some money saved up and a couple properties in mind. My main concern is having enough...
I'm curious if there's any tools or obvious formulas that could help me understand turner impact of property taxes in a rental property I may buy. As an easy example, let's assume property tax rates are (2% - that wou...
Hello, So, I'm looking to pick your brains for a bit. I'm about to purchase an investment property. I need to put down 60k for my down payment. I'm trying to decide what is the best strategy.Not sure which route to go...
Thought it would be a cool idea to share how you earn or save extra money, no matter how large or small....to help make our pockets bigger. I think finances is an area one can always improve on....might as well learn ...
I recently signed up for iul. However now I'm hearing stories that they may be a scam or some type of pyramid scheme. Does anyone have any experience with them
I’ve been personally investing in tax lien certificates lately.
If you don’t know what tax liens are, basically when a landowner or homeowner fails to pay the taxes on their property, a tax lien certificate is issued...
Hey guys, this is my first Biggerpockets post. I'm a college student going to school in Phoenix. I would like to purchase a house/ multiplex to live in and also rent out while im going to school. Ive listened to sever...
Hi all! I have an opportunity to jump into a turn key triplex in a nice part of town in a high appreciation market (St Pete FL!). This property should cashflow anywhere from $200-800 (net) depending on what I can rent...