Purchase price: $22,000 Cash invested: $45,000 Sale price: $107,000 Charming and move-in ready!

Picture this: Two charming 6-family units beckoning with promise, ready to be transformed into lucrative investments.

This property couldn't have a better location and its charm was evident.

I almost went for the Platinum package, but when I inquired more on complete details about what it covers, and if it would all encompass tax assistance, CPA, legal advice, transfer my IRA's into a QRP, etc. for the price of $2995/year and $35/month, they said NO. 

However, it's crucial to differentiate between capital improvements, which can affect your tax situation and potential interest deductibility, and mere repairs or maintenance, which do not.Furthermore, the mortgage interest deduction is capped at interest on up to $750,000 of debt, a threshold that encompasses both your primary mortgage and any additional secured loans.

Happy to say 3rd time was a charm. 

The older homes appeal to me as well.The old Victorian homes near downtown Pueblo and the Aberdeen neighborhood are super charming.

This family is currently searching for a home, and our agent, who also represents them, has generously offered to waive any commission for connecting us.After outlining our standard tenant qualifications—which encompass application requirements, income verification, rental history, credit score, background checks, a non-smoker policy, occupancy guidelines, pet policy, application fees, and move-in costs—our agent indicated that the extensive discussions and adherence to these requirements "equals a full commission of one month's rent."

Solutions: expand National Historic Rehabilitation Tax Credits, preservation tax credits, save the historic and as Baltimore likes to call it charming housing.

It’s not reversible and works like a charm.