In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive. When you draw down the reserve you count it as income b...
Hello Everyone,My name is Brian and my business partner and I are looking to begin our real estate investing career outside of our full time jobs. As you all know "real estate investing" is an extremely broad term. Be...
I am not sure where to post this question, this is my first time on the BiggerPockets Forum. I am currently a resident in LA county however I own a rental property in Burien, WA. It is a duplex totaling 4 bds and 2.5 ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $565,000
Cash invested: $200,000
Current Price: $599K (originally $649K, 67 days on market). Seller purchased in Se...
My wife and I (both 27) currently live in Cape Canaveral/Cocoa Beach, FL and make about 250k a year combined with a net worth of about 250k as well. We're looking to begin investing in real estate to increase our inco...
Hello,
A little backstory on my situation. I inherited a fully paid off single family rental property in 2019. At that time, we decided to leave it as is and continue to rent to the long term tenant. He passed last m...
Creativity is often the name of the game when it comes to owning Santa Cruz real estate. I’m constantly brainstorming ways that I can help my clients own this super valuable appreciating asset. Many traditional invest...
I've heard some intriguing things about EIULs which are basically investment grade life insurance policies that can build up cash value for tax free use later in life.
Does anyone on here have an EIUL policy? If so, ...
Good morning everybody, I’m a brand new investor. I’ve been learning and analyzing deals for just under a year now. I have a large amount of savings that Im looking to invest. I’m currently in the military so VA loans...
I am a tenant and I damaged a part of the quartz countertop. The landlord is telling me to pay for the entire kitchen replacement as it is not repairable and the brand/colour is not available anymore.
I agree only on...