Is there a limit on the amount of expences a landlord can deduct from taxes per year? Such as replacing things that are coming up due, such as floors, siding, and windows?
I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...
Hi there - My problem seems pretty straightforward, but my tenant keeps asking for his damage deposit back so I want to be prepared in case he takes me to small claims court. The short version of the story:
January ...
My wife and I both work full time and are looking to house hack for our first home with plans to purchase more rentals in the future and build a steady income for retirement. Before starting we were hoping to get some...
Afternoon BPers, I'd like some advice and opinions on my deal analysis template. The picture provided is for a multiunit I just did. I'm pretty green to investing but have done a lot of research so would love everyone...
I currently own a sfr. Current loan amount owed is $358,000. Current value of home is $550,000. I have rented this out for the past 3 years and am wondering if I should sell and take equity to put down on another prop...
Hi! I'm looking at my first purchase and I think I'd love feedback on the numbers I found12 unit apartment building in Brucetown areaPurchase: 380,000, 20% downExpenses, Annual: Property Tax: 1400 Insurance: ~3000 ...
Hi All,I am a newbie investor and am working to evaluate properties and want to see if my estimates are in line with the Phoenix area. Current looking at single family homes, finding it very difficult to cash flow bu...
Hello,
I have a BUNCH of questions about SDIRAs! I will put them under a couple different titles to keep things easier and clearer within the threads.
I have acquired the right to but a great older immaculately maint...
Hello, I am pretty new to this whole thing and do not currently have any properties however, I have read and learned about the analysis of deals on biggerpockets but would like some input to make sure I am viewing thi...