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One of the reasons my husband and I are looking to get into real estate is to be able to give our kids a boost in some way. We’re new, like brand new, don’t have our first property yet (aside from our home).We have a ...
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Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...
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Found this today. We're just a few days away from closing so if it's relevant for me it might be for you too.
(apologies if this is already posted elsewhere)
https://www.car.org/aboutus/mediacenter/news/covidformcva...
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Good morning all! Had a quick question about when to depreciate SFH rentals which we are currently buying and holding long term.My wife and I are on contract for our 4th property (2 with a mortgage) and we've been ask...
Hi BP folks,
I just got an accepted offer last week on a several hundred acre recreational property in NY (raw, vacant, riverfront/forest land), and we're should have a signed contract this week (with a 60 da...
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Hello, I have 100% equity in my first BRRR investment property, but not enough cash for a rehab to reach comps. I currently have no income, but an excellent score. I am struggling to decide the best path/strategy to a...
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I recently discovered BP, and decided to join. Over the past few years I have been able to acquire properties through the MLS, rehab and resell them. This is no longer the case, as the market in Los Angeles has b...
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Hello everyone, I thought I'd make a quick post for some of the newer investors here in the Greater Seattle and Tacoma areas who need to find affordable solutions to sourcing materials and finishes. Since rates are cr...
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I just joined BP after my son raved about all the knowledgeable and helpful folks out there willing to provide input! We have been buying/selling/holding SFR’s and duplexes for about 15 years and have decided to shif...
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I'm looking for property number three for rehab and hold. My original plan was to use a conventional mortgage for purchase, do improvments, then refinance when I can. I've recently started thinking about going the pri...