Bliss Hu
Mid 20s tech worker in NJ, trying to figure out how to invest 300k in savings
26 November 2024 | 13 replies
You get all the great benefits of owning real estate, without the hassle of tenants and dealing with the problems that always happen when you own real estate.
Sheena Varghese
Flip taking longer than a year and tax implications
22 November 2024 | 12 replies
Renovation costs are capitalized and added to the property’s basis, reducing taxable profit (sale price minus adjusted basis and selling expenses).
Robby Sanchez
Little late but here it is!
23 November 2024 | 1 reply
Great Post- I appreciate you saying what a lot of the Gurus fail to explain: that this is a long term process and in a lot of cases we don't see the benefits for years to come.
Austin Bright
How often should you follow up with a warm/hot lead
20 November 2024 | 3 replies
As the market changes, I'll have to adjust my offer accordingly.
Kristopher K.
Option for elderly duplex owner in state nursing home/ rehab, Medicare
22 November 2024 | 4 replies
I’m under the impression this is because if there is any rental income, it will go right to her care, not sure if she would lose the Medicare benefits.
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
From what I understand an LLC is a pass through entity and does not provide the same write off benefits a s or c corp does.
Charlie Martin
Purchase under an LLC or not?
25 November 2024 | 7 replies
Aside from the Debt-to-income ratio and risk benefits you've already mentioned, it also just helps keep everything organized.
John Kelly
LLC at homestead house hack
22 November 2024 | 7 replies
That is one of the most incredible benefits of being in the service.
Bruce Tieu
Design and furnish strategy for non conforming duplex
26 November 2024 | 9 replies
Trying to bend the rules will always come back to get you and could end up costing you more at the end of the day than any benefits you gain from it.
Deborah Wodell
Fix & Flip or Fix & Hold?
21 November 2024 | 4 replies
I’d love to hear your strategies and any examples of when you’ve successfully adjusted course!