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Results (10000)
Rob Rey HUD closing fees besides the obvious question
12 October 2008 | 1 reply

I am trying to buy a HUD property (first time )

I understand obvious fees like state government fees,

but, on a Cash offer , what other fees might I get hit with

Massachusetts

question

The closing person, who pay...

Torrey Taralli Short Term Rental - Analyze property - Time spent
4 November 2021 | 4 replies

I currently own a single STR that I rent through Airbnb and VRBO. I'm looking to add 2-3 more properties this year and I've gone through various calculators to analyze my deals. But, one thing I notice is none of thes...

Peter Lee How much wealth have you made?
26 May 2011 | 10 replies

Hi guys, this is my first post as I'm a newbie to this forum, but not Real Estate Investments.

That said, with so much debate regarding strategies on building wealth (appreciation / cashflow / flipper / etc), how muc...

Kurt Granroth Determine Adjusted Basis and Sale Price from LP K-1 After Sale
18 April 2022 | 1 reply

Let's say I was an LP on an apartment complex that sold this year and while answering TurboTax's questionnaire, it asks for two very fundamental bits of information - the Adjusted Basis and Final Sale Price.  As basi...

Jordan Smith House Flip 1099 Question
18 June 2021 | 3 replies

Hello all, I bought a house flip with one other partner, taking title as Joint Tenants. We agreed to split the profit 50/50, as he found the deal and worked with the seller, but didn't have the capital or expertise to...

Brian Sohmers Tax question about using QBI - Do I need use aggregated business?
22 May 2021 | 3 replies

I own many SFH rentals and when preparing my 2020 taxes, learned about the 20% qualified business income (QBI) deduction. Yay! I think I need to use the aggregated business safe harbor in order to meet all requirement...

TJ Nowitzki Partnership DTI Question
11 January 2023 | 1 reply

Hey all I have searched the forums but don't seem to be finding the answer I am looking for. My question is related to a commercial mortgage with three partners holding an apartment building in an LLC. Since the LLC i...

Ben Kornblatt Please help- Question regarding depreciation multiple properties
9 May 2019 | 4 replies

Hello BP community,
I was hoping to ask the veterans and those more experienced than me on this subject.  The question is in regards to depreciation with multiple properties. Lets say for example you have two SFH wor...

Paul Tejeda Hello BiggerPockets my name is paul
26 April 2019 | 6 replies

Hello bigger pockets I currently am self employed and a small business owner net income of 71k a year on paper,50k saved up and 700 credit score. Im 29 years old I want to crest a net worth of 1 million by 38 years o...

Daniel Blau cost basis of a 1031 replacement property
29 March 2020 | 3 replies

I am shortly doing a 1031 on an investment property and really there's not a lot clear on how you compute the cost basis of the replacement property or properties.   From best I can tell the cost basis for the new pro...