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I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...
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Hello,
My name is Dallas Jacobsen. I'm an Engineer, and only became a landlord by the lucky move of not selling when we bought a new primary residence. Out rental is in Lynnwood WA (suburb of Seattle) so the house val...
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Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...
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Idea is to get an outdated SFR or a multi-unit. Where I can add value either by renovating and adding more square footage or an ADU if it makes sense. Depending how outdated the property is, I'll either get a contract...
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Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
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With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...
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Alright, so I've done some research into Whole Life Insurance and I think it has some awesome benefits. In my research though it seems to be pretty equal between the people who strongly advise against it and for it. O...