Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
Unless you are itemizing your tax return, the interest on the primary is not tax deductible.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
When it comes to assessing maintenance costs, one of the best approaches is to request itemized breakdowns for larger repairs.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).
Khaled El Dorry
Selling a portfolio
31 December 2024 | 6 replies
When you do a traditional 1031 exchange you have 45 day identification period, to provide a list of potential replacement properties and 180 days to close on a replacement.
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Just a follow up question, were you utilizing debt to invest, I have always been taught since a young age to try and not utilize debt (I come from a family of stock market investors, traditional business owners) where debt is not utilized as frequently which I obviously understand debt can be a very powerful tool and utilized in a great way its just something I want to avoid with my investments to an extent any suggestions for investing without debt or as little as possible.
Llamier Guzman
Newbie Here (Duplex/Sfh)
10 January 2025 | 23 replies
You will owe monthly payments until you fix the property up, rent it out, and refinance to a more traditional 30 year fixed rate product.
Makani Donaldson
STR in Hawaii
8 January 2025 | 10 replies
Is STRs the way to go in Hawaii or maybe just traditional LTRs instead?
Mike Gi
6 unit 3 story 1 bed 1 bath in Midtown Sacramento
31 December 2024 | 13 replies
How much can you budget for furnishings and all kitchen items and creature comforts for the ones you want to MTR.If you have a vacant 6-unit, you have great possibilities to try all strategies.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
I am only familiar with the contract in my state but items seller agrees to do based on inspection findings are their responsibility unless spelled out differently.