Carolina S.
Capital gains tax vs. 1031 exchange
21 December 2024 | 7 replies
At the same time, I am also using this opportunity to move that capital into an LLC, and would look to extra financing to purchase a new property or properties of equal or higher value (per 1031 exchange requirements).
David Cherkowsky
House Hacking with Basement Airbnb in Old Town Alexandria
2 January 2025 | 9 replies
I was aware of the egress requirement, but was not considering the door size or ceiling heights.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
I won't honor their cr@p with a link.In this generic post, I will try to give you a basic overview of the most common EOY tax strategies, obviously without an actual discussion of each one.
Tony Vicente
R-8 Zoning Multifamily?
20 December 2024 | 13 replies
You are basically changing the dwelling and Baltimore City is not gonna let you do it without getting your money :D))
Salil Surendran
Converting from homeowner to landlord insurance policy
30 December 2024 | 11 replies
If you have a mortgage the lender will require you to have insurance that protects the asset that secures the loan3.
Julian Zamora
How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies
If you can find practice tests, that is my recommendation - that is what I did after taking the required time component and did not have any issues passing the test.
Susan Sheraton
Service Link - THE ABSOLUTE WORST
11 January 2025 | 1 reply
Now more than ever, I am seeing offers required to be submitted through a portal where the listing agents want no business being involved with up front negotiations.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 32 replies
But It requires an endorsement.
John Friendas
15 vs 30 Year Mortgage for Investor
22 January 2025 | 2 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.