All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
I'm back again with another tax question for the CPAs here. I'm under contract for a 4 plex for $320K. I don't have the 20% downpayment, so the bank is financing me a $100K commercial line of credit against a rental t...
There has been a lot of request for meetups in and around Indianapolis. Tonight I hosted my first meetup and wanted to take a second to thank those that attended and welcome people to reach out to get more details fo...
Evening all,There is a good Gastonia discussion rolling in @johnny szeto's thread about the Gastonia market generally. Now that we have a good discussion going, I'm wondering if perhaps some could share their experie...
Hi everybody, I am a recent college graduate and am new to real estate investing. Im trying to gain some insight into the thought process of some successful & knowledgeable investors here on BP. I had a few questi...
I've been working with my realtor to find a property in the Denver Colorado area. The next hurdle I have before I'm ready to buy is to figure out a system for determining after repair value. My realtor has access to ...
Hello everyone! I am new to investing and looking to buy my first multi family. Any advice for a first time landlord? what are the best books I should read?
I've been actively searching for a house on an island in the Chesapeake that can only be accessed by boat (no bridges or ferries) since 2015. I bought a boat in 2015 in order to conduct the search and later use it for...
I have recently come across a situation in which someone sold their investment property and didn't follow all of the 1031 exchange procedures completely ( they received the funds directly after selling their investmen...
I am curious what vehicles are being used to not pay capital gains tax.
Situation.. flipped house with LLC, will have six figures at closing in a couple months. Will I be relying solely on the expenses I can run t...