Hello everyone. I have recently developed a growing interest in trying to acquire multi family apartment units. My question has to do with raising funding and how that affects ownership.Lets say for instance I find a ...
Hi BP Community! We are currently doing our first 1031 exchange. We sold a property and our cash is being held by an intermediary (referred to as "1st Sale"). With the 1st Sale cash, we have purchased one property whi...
Can someone explain the tax benefits of real estate? I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors. Any other tax benefits that you g...
I (as well as other it seems) have become increasingly more interested in the Wilmington, NC market. I plan on working remote from there for a month or two to get more familiar with the area for potential BRRRR deals ...
Hello fellow landlords! I have 5 rental properties, and all of my tenants have been good so far. My tenants use section 8, so all rents are paid on time and usually have minimal issues.
My questions is, I am becoming...
My question is a home being fully paid off. It was originally a custom built home. Recently mortgage was paid in full and I hold full equity. never have I got a appraisal done. This is my first step to get a home appr...
Hey y'all! Some bullet points about the property before you look at the calc:
Rental income is contractual and provided by the frat, ergo 0% vacancy. Any un rented rooms will still be paid for by the organizationThe ...
Hi everyone - my husband and I are Denver based and are purchasing an investment property in the Tampa area with our friend. Our friend will be living in the house as his primary residence and we are splitting all cos...
I am in the middle of a Live-in flip (purchased in October of 2019).
My original plan was to wait 2 years to avoid capital gains taxes. I am just worried that we are in a bubble and I want to capitalize before it po...
When I did my 2021 taxes, I wanted to position myself as making enough money so that I could qualify to buy another investment property in 2022I actually didn’t take all of my deductions for one of my houses so that I...