Lori Brittain
writing off meals during REI meetups
12 September 2024 | 12 replies
If the meetup is directly related to growing your side business or improving your skills, expenses like registration fees, transportation, and meals may qualify as tax-deductible business expenses.
Yonathan Cabrera
VA Home Loan Leveraged for STR
9 September 2024 | 18 replies
A quad plex is still a residential property so easy to qualify for if your living in one unit for a couple of years.
Tiffany Roberts
I hate my rentals- should I just sell and be done with this game?
17 September 2024 | 68 replies
Google "Pace Morby creative finance", he's got so much info on this and how it can benefit sellers.RE: Seller Finance, A lot of buyers are holding off on buying due to the interest rate environment, dealing with banks, getting qualified, etc. but if you could offer an option to someone to buy your property and YOU become the bank and get paid every month with interest, this could be another option for you.A good real estate attorney can make these kind of deals air tight for you to limit your risk.
Jane Dang
Roof Replacement on Rental Property
9 September 2024 | 19 replies
The Section 179 deduction allows you to deduct the full purchase price of qualifying equipment or property in the year it’s placed in service, rather than depreciating it over 27.5 years.
Peter McCauley
House Hacking a Single Family within Year 1 of Mortgage.
9 September 2024 | 9 replies
You wont be able to use the potential boarder income to qualify unless part of the property is an ADU, so you'll need to be able to qualify on your own income.
Kosh Vokter
Convert Loft into Bedroom
10 September 2024 | 1 reply
This conversation would need drywall + 1 door min (not sure if a closet is also need to qualify as bedroom).
Becca F.
What makes someone qualified to be a guru/coach/mentor?
6 September 2024 | 19 replies
Many of the homes and condo complexes are near wildfire areas in California and the buyer is unable to qualify for conventional financing with Fannie Mae or Freddie Mac loans because many insurance companies won't cover the property.
Jen Geisler
As a buyer, what information should I be providing to a real estate agent?
10 September 2024 | 4 replies
I think pre-approval letter is all that’s needed to prove you are a qualified buyer.They probably want info such as, are you married with kids, how many bedrooms you looking for etc.
Payvand Milani
Hi everyone :)
13 September 2024 | 23 replies
I know a few dentists and family medicine physicians with stay home spouses who qualify for REPS, which gave them significant tax benefits.
Dillan Gomez
First-Time Investor: House Hacking with a 5/1 ARM?
9 September 2024 | 12 replies
SECU is easier to qualify for with lower scores, but comes with a 1% origination fee.