Hey, BP family. Yes I'm a newbie still learning the game and education myself. I've had 2 units for about 5 months now and it is now tax time. This is my first time doing business taxes and I want you guys opinion to ...
My fiance and I are looking to purchase our first multi-family unit here in Kansas City. We are trying to crunch through the numbers and wanted to see what you all thought and receive some input or insights.The follow...
Hey guys. Looked at a raised ranch 4bed 2bath house in Beacon, New York. It's 2,350 sqft and corner lot. Needs minor work such as flooring, paint and kitchen remodel. Has finished basement with minor repairs. House wa...
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*This link comes directly from our calculators, based on information input by the member who posted.How did my analysis go? I still need to reach out to the realtor in regards to any property updates that...
Looking at a SFR deal as a result from direct mail marketing but I am waffling on the 'What Ifs'. This is a 3/2 in my local area that can rent between $1100-$1200/month. The owner (retired broker) owns it free and c...
So I'm somewhat new to the Investing world and had a question that I haven't been able to find the answer to. I'll give some background info first. I currently have 2 homes. A personal residence and a investment prope...
Hi everyone Im pretty new to Investing I mean no experience, need help / advice...In the 50 % rule, should I be including an estimated # for Tax's and Insurance? Or where would these expenses be subtracted from?
I'm possibly moving to Canada and I was wondering what the pros and cons of flipping real estate in BC are. Specifically, my move would most likely be to Vancouver Island, so if there are any specifics about this are...
Hi, I know the rule is if a person inherits a property there is a stepped up basis for capital gains purposes. Does the same rule apply to depreciation? The property in question is purely a rental and would stay that ...
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*This link comes directly from our calculators, based on information input by the member who posted.