Fellow BP'ers,Thanks to the quality of this site, the Bigger Pockets "meet up" that we've formed locally (Mid Cities), and meeting/networking with some great people, my wife and I are closing on our 3rd single family ...
Hello everybody, so I spent some time trying to figure this out, but I'm hopelessly lost. What are the tax benefits or disadvantages of house hacking and living in one unit of a duplex, as opposed to renting both unit...
House costs $55,000---needs a new roof and some sheetrocking, gutters and paint (approx 14,00-$20,000) . . Taxes are 5,500 a year and insurance may be another $50 a month. Average rent in that area is $1,100- 1200 a m...
I'm not sure if it would be more beneficial to keep all money earned from wholesaling properties separate from my income from my everyday job. Just looking for some advice on what the better play is with that.
Hi folks,I am new to NJ tax lien investing. I found a lot of tax liens sales are conducted online in NJ through realauction.com - I was able to see the bidding results in the past. To my surprise, a lot of the winning...
Hello BP,Someone I know recently inherited two homes through an estate inheritance. One property is rented with a tenant in place, and the home in Riverside, CA is the home of the person who passed. This post is regar...
Hey Guys,
I'm pretty well versed with doing my own taxes, using turbotax or whatever.. I have the 2008 home and business edition here.
This year I bought my first house, a duplex. I live in the lower, and the uppe...
Hey BP community, I'm hoping to 1031 a property from California into a state with no income tax, and am planning on relocating most of my estate into this new state over time. I have three questions about completing t...
Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of ...
Hello,I am new to real estate investing, I have been looking into registering my LLC and putting properties under it. My question is if I am buying multiple properties around the country to build my portfolio where sh...