I've
been renting my prior residence to a family. My primary residence
exclusion benefit (savings on capital gains taxes) is set to expire at
the end of August. I want to sell the property but the tenants are a ...
Could my peers please look at my calculations and advise if im overlooking something or being overly optamistic and advise if thisis a good deal
Buying a duplex (2/1 each side) and here are the numbers
...
Just a very opinionated subject I'd like to touch on.. I definitely understand that college isn't for everyone but do you feel a college degree is needed and/or helpful/beneficial when you're in real estate?For those ...
I own & manage a Rental Office Building & have a LLC to manage all related affairs.Can my LLC open a Individual 401k for retirement savings ??Thanks
In a recent post (linked here), I discussed the moratorium that was issued on Employee Retention Tax Credit (ERTC) claims. IR-2023-193 was recently issued as a follow up to include details on the new withdrawal proces...
Hello Bigger Pockets Community!I've started looking at properties near my alma matter, UIUC (Go Illini!) and have a found a couple of places that have caught my eye. I have enough cash saved up where I can afford the ...
Hello BP'ers,
Long time BP stalker, first time poster. A while back I read a forum thread named something like, "I have $40,000 and don't know where to start" that caught my interest because I am in a similar...
I own a 7200 sq ft retail center in Oklahoma with no debt. I had someone that wanted to know if I would sell it to them. The price they offered was at or slightly above market $822k. The would be putting $90k down. ...
So since I am self employed and wrote off a lot on my taxes.. I am only able to be lent about 104k
I'm looking at properties that are 100-130k
I have 26k saved
Rents should come in around 900-1100
Taxes around 900-...
I am selling a SFR rental property I have owned since 2008 and will realize a nice gain. All proceeds will go back into a new deal/s. Trying to decide if I should use a 1031 exchange, or take the tax hit and have cash...