Aaron Moayed
Depreciation & Interest Passive Activities?
If you have depreciation and interest deductions that can’t be used (say your before tax income is only $200, and your int/dep deductions are $5,000), are those unused deductions passive activity losses that are carri...
Brian Fazekas
Rookie Mistake, now what?
So I made a couple mistakes in this scenario. Not looking for persecution, but some advice.I had a great paying tenant in an upper unit decide to move down to a lower unit (he signed a month to month lease for both a...
Andrew Pine
Australia and New Zealand New Investor
Hello BiggerPockets forums! I recently moved to Brisbane, Australia after working as a property lawyer for three years in New Zealand, during which I purchased one rental. I have three months of property experience in...
Jason Rego
mortgage when you already have few rental but no personal income
I am in Southern Ontario, have few rental properties already and want to buy few more; my mortgage advisor said they are not able to finance any more; because my income does not support buying rental properties. No lo...
Jordan Hamilton
- 1st deal - Should I have co-signer?
Hi everyone,I have spent the last 6 months saving about 60% of my income so I could finally move forward with my first multifamily property. I saved 30k and plan on using FHA loan to house hack one of the 4 units (loo...
Ricardo P.
1031 question for the pros
A long term buddy of mine just informed me he had purchased a 5plex apartment in California about 7years ago in which he would like to sell now. The property gained about 350k in value(Equity). Meaning if he sells he ...
Rebecca Salazar
Partnering on a great deal
Hey guys, I need some advice for how to approach a financial partner on a deal for a fourplex that has been presented to me. I need help with rehab costs for it, we’ll be doing a lot of the work ourselves but after th...
Jeff Goldstein
Replace single white appliance with SS?
We have a rental property that is about to be rented out again. All of the appliances are white and the oven is on it's last legs. I've read plenty of support for purchasing SS for rentals, but what about just one? ...
Cliff T.
Need advice on how to convert a primary to investment property
Hi BP-
Looking to get some advice on the best way to convert my primary residence to a rental property. In short, I purchased the property in 2013 for approx. $420K and the value is now closer to $475K. I would prefe...
Ron Dayley
Rich Dad, Poor Dad seminar
I'm about to walk into a "free" Rich Dad seminar. Any of you been to one? If so, is it worth the time or should I walk out?