Do you write off the expenses, improvements, depreciation ,etc of your investment off your A) rental income (cash flow) or B) primary income (full-time job)

I have a 1 bedroom condo listed for sale in my area. It's a beautiful unit and I've been getting several calls from buyer agents but the first thing they ask is "Is the complex FHA certified?" Well, I checked and as i...

I am looking to acquire another small multiunit in Chicago. I have no experience with boilers and want to know the expected maintenance and monthly per unit heating costs if I am footing the bill as the landlord.  Can...

Who does what and what are the pros and cons?

Hey team!I am in CT and I am looking to do a BRRR and have a duplex in contract. However, how do I do a rehab when a tenant is occupying a space? I can tell they have been there for a while and the wear and tear on t...

I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...

Hi all! I've been a member of Bigger Pockets for almost a year now and have been reading many of these forums to stay informed. I'm also an avid listener of the Bigger Pockets podcasts and have read "The Book on Inves...

I have some questions pertaining to "seasoning" and the viability of my "buy and hold" plan.

I have researched the forums extensively, reading everything that I can find on "seasoning", especially as it rela...

Hi everyone!

That new podcast got my tax juices flowing. One part that struck me was about capital improvements and placing your property in service. I purchased my first property (duplex - house hack) in mid Decem...