Kevin Phu
VA IRRRL from Primary to Rental
I currently have a 3.625% VA loan on a home that was my primary residence for two years and I recently moved out of it. I spoke to a few loan officers and they've recently closed IRRRLs around 2.8-2.9%. However, I gue...
Carmen Ngai
Depreciation and tax liability
Hi Everyone,
I am just starting out and looking for a rental property. So, I have lots of questions, especially about depreciation. I'd like to evaluate how it affects the tax consequence when I sell it some day....
Christian Ortega
Newbie from Brooklyn, NY
Good evening fellow BP community,My name is Christian Ortega and I have made the decision to embark on a journey to financial freedom through Real Estate Investing. I'm novice to the industry and have taken the initia...
Account Closed
Is multifamily investing in Illinois/ New York worth the taxes?
Hi all,I'm in contract with an 8-unit I'm selling in Sacramento, CA and looking to exchange for more doors in the Mid-West. I'm analyzing properties in Illinois and New York but the tax rates are so steep (over $100k ...
Carlos Sotelo
New in Los Angeles Area
Hi to all,
I need some tips for my next investment peeps. I'm currently selling a rental I have and walking out with about 100k in clean profit (after commissions/taxes/etc)
What's my next move?
Options:
1. M...
L. Matthew Perry
Is it time to hire in house support?
Good Day All,I have a question relating to havingProperty management and/or maintenance in house vs using a 3rd party manager.Some Background:I have about 135 units in my portfolio - ranging from SFH - Apartment build...
Tony Karns
Need Advice on a potential deal
I am looking at a deal in Texas that is valued at approximately 500k. Its a duplex, currently leased at 1300/month. I have reached out to the listing agent only to be told that there does not appear to be any Financia...
Robert Plumpe
Thoughts on a commercial office building?
Hey all:Just wanted to get some ideas feedback on a building I'm looking at...It is an office building that is single story/brick. It is solidly built, in pretty good mechanical condition, but it is a bit dated and w...
Robert Plumpe
Very odd property tax situation?
Hey all:Got some information on a building I'm trying to evaluate and was shocked by some of the numbers...specifically the property tax. The owner is getting up in years and is looking to sell out & retire to th...
Carolyn W.
Rental Property money pit
Dear Bigger Pockets community:I was wondering if you could share your thoughts on my current situation.The first rental property I bought last year has definitely been a learning experience on home repair and maintena...