Hi Guys,I'm new to these forums and appreciate all the knowledge everyone has shared. I look forward to contributing.I'm looking at a 14 unit apartment building in Ohio. 90% section 8, building looks really good and w...
This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...
Hello,I just inherited a condo in Clearwater, FL. It’s a 1 bedroom, 2 bathroom officially. It’s really a 2/2 but the second room does not have a door or window so it doesn’t qualify as a room. I estimate it’s value to...
I've been looking into getting into purchasing rental properties in Baltimore recently but have found that there are some hurdles special to Baltimore. I have seen on the BP forums that the lead paint inspections that...
I am new to real estate investing and have been actively looking for an investment property in the San ANtonio/ Austin area . I am based out of California.Can anyone suggest the best way to do this to avoid tax confus...
Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the...
I have a question on deprecation recapture and the tax consequence. When you depreciate a expense like a roof then sell the property. It seems that the roof expense become a capital gain since you have to add the de...
Hi guys,
I was wondering is there a software that has help with your investing that you can't live without. Keeps you organize and help with the day to day operating of your real estate career.
I have a commercial property that is deeded commercial and it runs under a LLC. It’s 3 floors. The first floor is rented to a retail store, the second is rented to a residential tenant, the 3rd floor is temporally uno...
Hello,
I am Tamera McNeil and looking into buying rental properties and investing. I would greatly appreciate feedback about buying real estate in the Bay Area. Thank you and excited to be on the BiggerPockets platfo...