Nate Sanow
Do you think tax changes will hit REI now?
PLEASE let me make my disclaimer on what BP is and is not: Bigger Pockets, not, Being Political. So, my intent is not to whatsoever divulge into party favorites, but, there is some context as to how politics could a...
Kevin M.
Condo Investment in NYC
Hi all,I brought a single family home last year in nyc with 20% down payment. Home mortgage is $3700/month and $500/month extra payment towards the principal. Currently, I am renting it out for about $3100/month so I ...
Steve Balinski
Question about renting a room in my primary residence
Hello BP investors. I have a question about renting a room in my primary residence (basement).I hear several podcast from BiggerPockets stating these guys rent out any room in their house that they can with Airbnb. I...
Paolo F.
Standard deduction for Non Resident Aliens
With the new tax reform, Personal Exemption was eliminated. Can we Non Resident Aliens use Standard Deduction now, as it is the only one left and in theory it should group the old Personal Exemption?
Rick Heinz
Financing on a FRANKENSTEIN mfg home
I am looking at a property that initially just had a 1978 mfg home on it. The owner (a brick mason) added a two story addition next to it and completely bricked the exterior of the mfg home and addition into one home....
Alex Acosta
I need investors for Cash for keys deal. Who should I contact?
I have a friend that wants cash for keys. It is a great house in Queens New York. How can I find investors?
Justin Spencer
2 Out of 5 Year Rule
Hey there,
I've lived in my current primary residence for the last 26 months in a row. I rent out 4 of the 5 bedrooms here and live in the 5th.
Lets say I want to go get an apartment/studio in order to increase my...
Moon Molson
Cap Ex on New Construction?
I just bought my first deal and it's a new construction (with a 10-year tax abatement)! If everything is brand new in the building, what am I really looking at for an estimated Cap Ex percentage when crunching my numb...
Taylor Dalton
First Investment/Dumb luck
Investment Info:
Single-family residence other investment.
Purchase price: $43,000
Sale price: $95,000
House hack turned live in flip.
What made you interested in investing in this type of d...
Peace Lily
401K loan early withdraw
Hi BP investors and CPA professional, I have a question re. this topic. I currently have a loan of 30,000 against my 401K. Due to furlough status since 04/01/2020 and reduction of work force, my position was eliminate...