Hello BP Family,I'm still learning to navigate the BP community so please be patient with me! =)I know the importance of education and that's why i'm here to learn as much as i can. Looking forward to engaging with yo...
If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
Just a quick intro:
I own my own home and am a 50% member of a LLC my business partner and myslef formed two years ago. We only have one single family rental and are closing on a second REI tomorrow.
I've been read...
Hi, new to real estate with around 50k to invest. This would be my first home purchasing with an FHA. My life is in OC I would like to stay here but finding a decent home for a reasonable price seems almost nonexisten...
Hey I’m currently under contract for a 3 family built in 1921 and a 4 family built around the same time. Side by side buildings sharing a lot.Anyways my question is.. would you feel comfortable buying properties this ...
If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes
View report
*This link comes directly from our calculators, based on information input by the member who posted.WE NEED YOUR ADVICE!! Hi, me and my husband purchased our first home in April 2020 (Bought it for $312,0...
Hey Folks,Glad to see the sun is out and spring is underway! I have been seeing some discussion on the forums lately about the Bloomington market and a lot of new investors are interested in getting engaged. This is a...
Hello,My wife and I are analyzing both the Knoxville and Chattanooga/North Georgia Markets, and are looking for some input from current investors. Just to give you an idea of our background, we are CPA's located in A...
Hey everyone,I have a demanding schedule/lifestyle living in SF and am looking to buy my 1st buy and hold investment property in the next 90days. I have read quite a bit about REI and now its time to make a move. My b...