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I am working with an accountant as I prepare returns for the first year of owning real estate. I read Brandon Hall’s article from a while back talking about the tax myth’s for real estate investing. One was the follow...
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I have a question regarding a 1031 exchange. I just purchased my first flip and should make a nice return on it. My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...
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I'm trying to start an Airbnb in my hometown of Denver, CO. My plan is to rent from a landlord rather than save money to buy a place myself. This is because, due to my research, I should be able to start making income...
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I have an offer in on a duplex in an up and coming part of the city. The house needs work and is being sold "as is" The plan is to live in one unit and rent the other one out. At the prevailing rate, provided the cost...
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Hi, I'm Scott and I'm a pizza delivery driver/cool in Pelham, NH but also live in Lowell, MA. I realized a year into college that real estate investing was a career I wanted and would give me the freedom I want in my ...
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BiggerPockets Partners with TransUnion to Provide Tenant Screening & Credit Checks
In an effort to serve our members, BiggerPockets now offers tenant screening services in concert with the cr...
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Hey guys! We have a question that we are having a hard time coming to terms with. The problem is that we live and invest in a small rural community. Every time we have offered on a house we hear that the seller mag...
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Hey everyone. My name is Roberto Torres and I'm a newbie investor from Puerto Rico that just got first offer accepted. I don't know if I was more excited or scared when I heard my offer got accepted though. Now what? ...
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Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
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Hello BP!We have owned a duplex for about 7 months, it had long term tenants (9 years), they are both in their 70's. From the first time we met them during the initial walkthrough, they were not happy, with just abou...