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5 February 2025 | 69 replies
I understand the policy is to email permitting for updates but after 13 months of permits, 19 months after I sent in $36,000, I think I've earned another quick phone call.
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17 January 2025 | 22 replies
I believe there are a few unconventional approaches that work best for OOS investors looking to perform BRRRR in Mid- to lower income communities. 1.
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12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
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18 January 2025 | 19 replies
They have a formula based on the property and its features as well as the tenant's income and expenses.
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15 January 2025 | 2 replies
My two cents: get a job and HUSTLE right out of school and create some income and save up some capital.
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6 January 2025 | 8 replies
Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property.
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1 January 2025 | 1 reply
Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".
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3 January 2025 | 12 replies
You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids.
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17 January 2025 | 40 replies
And for the evidence, I would guess that they'll want to see some evidence of the income from the rental days.
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15 January 2025 | 1 reply
Now that I am in position, I would like to place a mobile home to generate some passive income, but I don't want to use my savings for the down payment.