Michael Macaluso
Looking for asset based lender
Hey biggerpockets community. I have a single family property in New Jersey. The rental income is $2000 a month. I’m looking to replace my fha loan with a loan that uses the rental income to qualify. I’m unable to qual...
Kyle Pelech
Low salary mortgages for rental property!
Happy New Year!So I am starting a new job and looking to buy my first property. It is within the government sector and I will be starting at around 42k a year in NJ. Slow increases until I reach around 120k after abou...
Bill Hampton
IRS Announces 2018 Pension Plan Limits; 401k Contribution Limits
IRS Announces 2018 Pension Plan Limitations; 401(k) Contribution Limit Increases to $18,500 for 2018WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for...
Belinda M.
What are the Pros and cons of STR vs LTR
I consider myself still fairly new in REI. I currently have a 1 LTR but looking intoexploring short term rentals. I currently can’t take advantage of the tax benefits with my LTR because of the AGI limit, will it be...
Kin Leung
Tax and mortgage interest question
Hi BP,
We currently have 3 properties in the Bay Area, 1 of which is our primary residence. The other 2 are rental properties with enough positive cash flow that we have to pay taxes on the rental income after all the...
Meghan McCallum
Analyze my deal with me? 39 unit property
Hey guys, I'm looking to jump into the larger multi unit arena and really just don't know how best to analyze a deal. Gosh, I sound ridiculous saying that, but I've been buying MFs and SFs and I have the money and thi...
Jeri Artal
Funding to Buy/Rehab for an Airbnb property
Ok Experts, I need your help.We have a unique opportunity to purchase a downtown property that would make a perfect Airbnb location. Large property with between $10K and $15K MONTHLY income potential. We have severa...
Adam Schumacher
First fourplex purchase
Hello everyone,I'm looking to buy my first fourplex in atlanta this year. This will be my first property. Do I have to pay tax on the cashflow I receive if this is my only residence? Thanks in advance, I am only start...
Richard Unsworth
Should I do cost segregation or not on 2 str?
Hi all, would appreciate some thoughts on whether to do cost segregation studies on both STR properties I have acquired in the past two years or just one? Some details - RE pro tax status- cost seg study of one house ...
Nicholas Zeiler
Write off repairs or keep my profit high for loan limit purposes?
I have a duplex that I live in one side with roommates and rent out the other. I want to buy another property in 2019 and am looking in a more expensive area of town. To be approved for a higher mortgage amount by a b...