I currently have 4 mortgages in my name. 3 investment properties and 1 personal residence. I'm wanting to buy a lot more real estate (buy and hold). I know I'm going to be capped on personal mortgages in my name af...
Hi all,
I am currently looking at a commercial property in NH. Three buildings which include 22 apartments, 9 retail storefronts and a vacant theatre.
Annual Gross income is $252,000
Annual Operating Expenses are $...
Hi! I was hoping you could give me advice on deciding between two renters. I'm closing on my first investment property in three weeks. We are trying to rent out our current home and plan to move into the new house. We...
Feel excited and nervous at the same time. Never in the multi business before. Any comments/advice on what to watch out for are welcome. Many thanks in advance.Here are some details:10%+ cap rate based on 2015 act...
Came across the concept of real estate professional recently and was curious if anyone had elected to pursue this status. I understand the time requirements and being part time the 50% shouldn't be an issue. Just cu...
Hello All,
I have decided to come to the BP forums to ask for your advice and or thoughts on my current situation. I currently live in Ann Arbor, MI and own a primary house here. Due to a new job offer, my family i...
CPA question. I am going to make up some easy numbers for thought experiment for a tax strategy, in my head for the future, but thinking I am missing something. Business owner (Joe) sales a small business ( not rea...
So does the cost seg/ accelerated depreciation work best for a real estate "professional" status person only
Is accelerated Depreciation still allowed in 2022?
I'm purchasing some properties this year and thinking o...
Hey all,So my grandfather started investing in real estate over 30 years ago and has not sold a single property. I'm currently trying to analyze how well each of these properties performs year to year to see if any ar...
Basically I've come across a really unique property on MLS that is a duplex and SFH on one lot. - Duplex units 2/1, 800sq, basement with W/d - Renting for $1,100 Each-House 2/1 1200, basement with W/d - Renting for $1...