Jerry Shen
Syndicates and 1031 exchanges
I'm looking into investing in some syndicates but one thing that isn't usually available is a 1031 exchange. Given that 1031 exchanges are one of the best ways to build wealth and defer taxation, how much of a conside...
Don Wortmann
Dodd Frank compliant Lease Option Sale
I understand to stay Dodd Frank compliant I need to keep lease separate from option to buy.Do I collect a security deposit on the lease? And collect an option fee also? If I collect an option feeand the t/b follows th...
Zachary Riggio
Basement apartments on Long Island NY
My wife and I are looking for a home is Suffolk County, NY with the potential of or having a finished basement apartment for purposes of offsetting our mortgage payments/taxes every month. Would like any advice on wha...
Charles Mitchell
How to choose a market
Hi everyone!Looking to get into my first BRRR within the next 6 months, I've been researching and educating myself about the process as much as possible and I'm starting to get comfortable with the process. I've been ...
Jordan Hiebert
Hot water heater replacement in new Rental size
hey bigger pockets! got my 1st rental and closing on it tomorrow!! When I got the inspection, the hot water heater is over 20 years old and needs replacing. The house is a 3/2 and currently has a 40 gallon tank. It is...
Jacob Reilly
Four-Family Analysis
I currently have a 4 unit house under contract in the small city of Willimantic, CT. I have run my own numbers on this property, and am confident moving forward, but I wanted to put it out to the forum incase I overl...
Michael R.
Realtor Needed in DC Area
Hello,I am interested in purchasing or renting a 1 bedroom 1 bath in he DC area for an airbnb investment. If there are any realtors with experience with this and would like to work with me please reach out. Thank you....
Max K.
Helping a friend with a down payment + 1031 Exchange
A friend of mine is purchasing a single family property in a desirable suburb of Boston, MA with considerable room for equity growth. He's only putting 5% down and will be paying PMI as a result. On the other hand, I'...
Pete C.
Sweat Equity Partners/Partnerships
I'm considering paying cash (and then refi some $ out down the road) & holding a multifamily rental unit and bringing in a "sweat-equity" partner. I've got a busy full-time job and the potential partner is a v...
Santosh Bobbili
Is HELOC interest tax deductible?
Hello Everyone, I recently bought a rental property using HELOC from my primary residence as a down payment. Is the interest paid on HELOC tax deductible? Appreciate your response.Thanks,Sai