Hi BP,I cant seem to find an answer to my situation here, unless I missed it. Here is the problem. When I acquire the my duplex back in 2017, the tax assessment for the land was about 50k.I subtracted that from my pur...

Hi everyone,I'm new to the bigger pockets community and this is my first post on the forum. I recently purchased a 4 bed 2 ba house in Manor Texas and am looking to rent out three of the bedrooms while living in one. ...

I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...

If the cash out comes from my investment property, and I take the cash to buy the 2nd investment property. Does the interest deductible? 

Finally got my headshot uploaded so I no longer have to lurk around the forums! XDWhat are your thoughts on Starting Small (Cashflow) vs Going Big (Equity)?Since I will invest in the Augusta, GA, I'm trying to figure ...

Is there any way to fix this?

I have a 2b SFH buy and hold rental acquisition under agreement to add to our rental portfolio. Were talking our "target" kind of property that has our attention with strong rent potent...

I don’t think I would, but for some reason the IRS’ web sites example claims that I would, despite it conflicting with several CPA articles that I've read that state otherwise. I thought that as long as I lived in the...

HEY BP, we still have a ton of short sales in our market in the Hampton Roads Area.  It's been this way for about 5 years, and it's going strong.  I was in Richmond recently and the short sales were low.  Please tell ...

All,I'm rehabbing a house that has a 100 year old slate roof. I'm trying to max my ARV  at Refi. Which appraises higher: old slate w/ some repairs, or brand new shingle roof?Thanks!Davis

How come a high CAP rate is said to have higher risk and is generally in a lower end neighborhood? I thought high CAP was good.