Angie Brown
What effect will rental property have on my personal income which is over $150k?
Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.
Want to purchase 2nd pro...
Mark Forest
Odor and moisture from the crawl space
I had about 2” of water in my flooded crawl space in April. I sucked it out with a utility pump and opened all the crawl space vents. We have not had any heavy rains like we did with the spring thaw and the April sh...
Jack McWatters
Mobilr park madness!!!
Guys I wanted to start off by saying I might have possibly stumbled across the most amazing slept on investing strategy in real estate. Well maybe not slept on... who knows. I actually have been eyeballing a park that...
Guy Mulanax
Analyzing properties in Gatlinburg/Pigeon Forge.
I am currently working on a cash out refi on one of my rental properties, and I'm looking to use the money to get in to short term rentals. Everyone seems to have nothing but good things to say about Gatlinburg/Pigeon...
Mitchell Barna
Fake Hard Money Lender?
Hi there, I was contacted by a hard money lender via LinkedIn shortly after my first post on BP forums. I thought this to be strange someone would randomly reach out and ask if I need funding, however given the networ...
Stephon Broughton
Should I get my real estate license before I start college?
Hello, so today I was talking to one of my instructor about real estate. She recently received her real estate license as a hobby and extra source of income as we all know educaters don't get paid much. To tell a litt...
Christian Bors
New lead motivated seller, I need short sell advice
Hello,A lead came in today from a gentlemen who wants to sell his house immediately. I went out to the property this afternoon, and I would classify him as extremely motivated (aka he offered me the keys). The probl...
Jack B.
Can I rent my house out to my girlfriend then move in with her?
I'm hoping to capture some depreciation by doing so. Plus I look forward to 1031 exchanging it without having to wait to move out again and turning it back to a rental for a year before being able to do so. As it stan...
Peter J Donaldson
Yet another 2 out of 5 year Primary/Rental Ratio question (sorry)
Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Emmett O.
Reducing Rent Every Month If No Maintenance Calls
Hi Everyone,In a lot of the books I am reading, as well as some of the podcasts I have listened to, many landlords have talked about adding a clause to their leases to give anywhere from $25 to $100 a month back to th...