
20 January 2025 | 6 replies
As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.

23 January 2025 | 2 replies
You came along last year and bought the property for $300,000 as an investment property.So in year one, your taxes were based off the previous owner's purchase price of the $100,000 plus any annual tax increases since they owned it.

29 January 2025 | 11 replies
One thing that DSCR is not really set up for is if the property is "Subject to" meaning not move in ready/live able.

28 January 2025 | 13 replies
You will lose one of the best benefits of the real estate industry, appreciation.

20 January 2025 | 31 replies
I didn't see a need for a holding company but if someone wants one, you can just use another LLC as the holding company.

25 January 2025 | 6 replies
Take it one step at a time, and you’ll get there.

20 January 2025 | 3 replies
When that happens you will only lose part of your cash flow rather than all of it if you have multiple DSTS vs one larger one.

21 January 2025 | 6 replies
Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle, so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?

24 January 2025 | 0 replies
Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR.

22 January 2025 | 9 replies
Quote from @Patrick McCann: Hi Justin, I'm also a househacker in NH currently living in my duplex in Dover, NH with plans to search for my next one in the near future.