Currently house hacking a duplex. I have a tenant in (1) unit and (1) room rented in my unit. It sounds like the rental income from the (1) room rented in my unit would allow me to both depreciate a percentage of the ...
Quick introduction:My name is Joe and I'm born and raised on Long Island NY. I've been listening to BP for some time now and I'm ready to get started. I'd love to stay local and house hack but it's super expensive her...
Hi,I am a beginning investor who is interested in learning how to buy properties for low or no money down. I am looking to buy 2 a year for rental properties. I have been a real estate agent in the past and I have wor...
A partner and I own a 22 unit complex under an LLC. We recently purchased a house and plan to purchase it under 1 of our personel names so we can take advantage of 30 year terms. Our plan is to roll the house into o...
I'm looking for software to help track expenses, bill, etc. I've tried out QuickBooks, but not sure if it's right. I've seen Quicken for Property Managers but can't find a trial. Any feed back on what others are usi...
Hello everyone,With the high value prices in multifamily from Salem up the I-5 corridor to Portland I've expanded my scope looking for better cash flow numbers in Oregon. I've been doing some research into rental opp...
Hi,I am about to launch a STR and am currently on H1b visa. Its going to be managed by a property manager and thus a passive investment which is allowed per h1b rules.However, I am being needed to procure state and co...
I've been pondering on this all day, hopefully you can point out the obvious.
Last week I bought a tiny apartment in the city centre, it was pretty much an emotional purchase.
Purchase price was 8500€, repairs and...
How can I determine the Capital Gain Tax due on a property that is a Short Term flip (Less than a year)? Does the tax vary by state?
I am trying to get my foot into the door of real estate investing and have been trying to think of ways to secure my first apartment building!
My current thoughts are that I will find a property and purchase using s...