Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!
Hi everyone,I am about to become an investor renting out the condo I currently live in (Columbia/Ellicott City, MD area) and purchasing another house for my family. The condo was purchased in 2006 at it's highest ever...
I'm a new investor. Like so many others, I've read loads of books (Including Bigger Pockets, of course), read tons of blogs and listened to heaps of podcasts. The final hurdle has been accomplished: My wife is now on ...
Hi All,I am new on BiggerPockets and was looking for some feedbacks on on an investment property I am looking into. I have been navigating the website for the past few days and it looks like there is a very knowledgea...
Okay well here is my second four plex idea I’m trying/thinking to buy. There are four little houses on two tax lots. Two 2/1 and two 1/1. I get cold feet, still scared and unsure of myself so I’m turning to you guys f...
Hello,
I am purchasing a 4 unit Investment property in NJ that needs tons of work, new floors, appliances, fixtures, ROOF, tiles etc. It is a short sale and I'm getting it for $70k. I can either pay cash for the prop...
So i've stumbled upon what I thought would be a good deal. A 10 unit apartment building. Owner willing to finance and is motivated. I got the current property management company to provide me with a list of expenses a...
I have two properties that have identical numbers but one has a pool and one does not. My thoughts are the pool adds unnecessary liability for not much more added monthly revenue. Are my thoughts accurate on this? Has...
I was wondering if anyone was investing in these townhomes in the atl area. I came across a few that was in the range of $25-35k so I automatically thought these have to be in a bad area but I actually found some in t...
My wife and I have come to the decision that we would like to go down to one income and I focus on real estate investing and pursue another way of obtaining income. We have decided we will house hack if the right oppo...