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26 January 2025 | 0 replies
My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!
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28 January 2025 | 71 replies
I live in Harlem but work downtown so if I have to go to the building it is not too bad after work.
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27 January 2025 | 2 replies
A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.
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11 January 2025 | 7 replies
Hi,I am planning on a potential 1031 (very early stages) and would like to see what the reinvestment goal would be to maximize the befits of the 1031.property I would like to exchange purchase price $515,000sell price est: $725,000current principle balance: $350,700Interest rate 3.25Current Mortage is $2300 and it rents for $4000.
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27 January 2025 | 6 replies
Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.
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11 February 2025 | 12 replies
Consult someone who actually knows what they are talking about/does this for a living, but most of your tax savings are only going to offset the earnings of the partnership rather than one of you individually.
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2 January 2025 | 0 replies
Any sober living investors out there willing to let me pick their brain on how to underwrite a potential deal?
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18 February 2025 | 8 replies
And lived in it for at least 2 out of the 5 years prior to selling.
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26 January 2025 | 8 replies
Quote from @Laura Yelin: Hello BP'sI like Sherman...I lived there for about 3 years many years ago and still sell and rent there.It's a slow wealth building market in my opinion, not get rich quick.Mostly blue collar stable town.