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3 September 2024 | 1 reply
New house:Won’t pay over $190,0006.525%, 30-year fixed, total payment $1138Could rent for $1500/ monthSo both houses could rent for the same thing, but which one should be my primary residence for tax purposes, depreciation, writing off interest, etc.
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9 September 2024 | 14 replies
That will give me peace of mind, especially since I am self-managing with a demanding primary career that is not in RE.
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7 September 2024 | 5 replies
VA requires you to occupy the home as your primary residence.
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9 September 2024 | 12 replies
Mortgage points are interest expense deductible in the year you pay them for your PRIMARY residence or amortized over the life of the loan for INVESTMENT property.
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8 September 2024 | 15 replies
Subscription services are getting the reputation as being predatory because often times it ends up costing more than just buying the actual product, and the primary benefit is typically more profit for the company.
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6 September 2024 | 28 replies
He uses one of the units to live in when he is in the area and to fulfill the 1-year duration he has this as his primary.
2 September 2024 | 9 replies
I would like to set myself up to start investing in real estate, but currently I don’t even own a primary.
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9 September 2024 | 18 replies
You must occupy the residence within 60 days of closing and live in it as your primary residence for 12 months before renting out other units.Do this several times and you will have 3-4 performing (hopefully) 4 plexs (or tri or duplex) and then you can look at doing STRs.It would create a great base for you to work towards early retirement.
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6 September 2024 | 3 replies
It would be nice to be able to search, for example, on properties where the mailing address differs from the property address or for properties tagged as non primary residences for targeted tired landlord marketing.
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6 September 2024 | 3 replies
Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.