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9 August 2024 | 9 replies
I have done interior ivy walls, ice cream makers, fresh squeeze orange juice, and even converted an outdoor shed into a "Van Gough Art Studio" to give 1 house a leg up.
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7 August 2024 | 20 replies
Second, you could convert the garage to an ADU if it was worth it prior to selling.
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8 August 2024 | 5 replies
Hi,My wife and I moved into our current place about a year ago, and converted our prior primary residence into a long-term rental.
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8 August 2024 | 4 replies
My wife and I recently purchased a home where we are planning on converting the basement into a rentable space.
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19 August 2024 | 244 replies
How to convert that land legally into a mobile home park is something you'll have to learn elsewhere.
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7 August 2024 | 3 replies
I’ve never converted a primary to a rental before.Anything else we should do, know, or consider?
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4 August 2024 | 2 replies
Not only that ^^^^ but if you are converting 'Non Living space' into 'Living Space', you could face other problems down the road.
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9 August 2024 | 39 replies
Just spoke with someone the other day who started with $75K traditional IRA, converted it to Roth, paid the taxes on that amount and grew it to over $2MM.
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7 August 2024 | 15 replies
You just have to make sure once you vacate your primary and converting into a rental, how would your DTI (debt to income ratio) be effected.
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7 August 2024 | 8 replies
.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciation: $9k => Roughly ( ($250k*.50)/27.5yrs) *2yrs)- 2023 marginal bracket: 32%What is the proper taxation?