We are starting our rehab next week on my 1st rental property. The house is in rough shape so we'll be doing a good bit of work: new roof, windows, flooring, cabinets etc.
How much of this can I deduct as repair c...
Hello everyone!I'm wondering if an LLC that's gonna hold rentals and do some flips needs specific permits and licenses here in Fresno CA. I know that it's better to set an LLC for every rental property, considering th...
So I have done 6 flips before using a partner. This time I did one solo. I found a home in ATL in a great location, but a horrible driveway.
Here is the listing
http://www.zillow.com/homedetails/1900-...
Hi everyone, I discovered Bigger Pockets about 6 months ago, and I've been lurking and learning ever since. I had a failed attempt at what I now know to be house hacking back at the beginning of 2016 with a duplex in ...
I currently live in London and have some money in the U.S. I'll need to buy a personal residence and cars when I return in July 2016. My question is should I loan this to a business partner who wants to complete a fli...
I bought a property last Dec. out in Pascagoula, MS and used the property management associated with the real-estate company, I flew out there, saw the property and like the agent...fast forward to when I was back out...
A neighbor of mine is a RE agent and he approached me with an off market apartment complex in Port Huron, Michigan that the owner wants to sell. Here are the details:30 units1.2 acres20 townhouses 2/1 plus 10 apartmen...
I recently closed on a property where I inherited tenants and my lawyer is very adamant that I return all the security deposit to the tenants asap. His reasoning is that there are too many esoteric rules about the de...
Hello, i am venturing into the flipping side of realestate and have already submitted offers to buy couple single family homes to rehab. I don't plan on flipping to be a full time job but anticipate doing 2-3 flips a ...
In another thread, @Chris Seveny and @Tracy Z. Rewey mentioned that investing for passive income in notes (performing notes/monthly cash flow) isn't great from a tax perspective, and you should use that in a tax defer...