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26 January 2025 | 3 replies
Hi all, I'm an American living in Germany. Real estate has now peaked my interest and I want to buy in North Carolina and I might be open to other hot markets. I haven't had a full-time employment for a while but I h...
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14 February 2025 | 1 reply
The loan on this house is $1,200,000.I moved in to my new primary residence by the end of the month.Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.My new tenants signed a lease that began a couple weeks after showing, in July.To calculate my primary residence mortgage interest deductions, i'm using the following formula:650,000 / 2 = $325000 loan from January to June1,200,000 / 2 = $600,000 loan from July to December$750,000 limit / (600,000+325000 total loan value) = 0.81 multiplier(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residencedoes this look correct?
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5 February 2025 | 17 replies
The people that run these companies usually come from an "investment banking", real estate, or construction background.
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21 January 2025 | 11 replies
Quote from @Aj Green: Hey,I shopped some Ohio CU and found the 6.7% was the best for an investment property.
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24 February 2025 | 30 replies
A rider allowing for using your owner-occupied property as a short-term rental for a specific/limited amount of time is very different than an investment property being used as a short or long term rental 100% of the time.Also, telling your home insurance company that you STR your home occasionally does not give you extra coverage for those types of risks, it simply means if your renter burns your home down the insurance company isn't going to immediately deny your claim.
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22 January 2025 | 3 replies
For context, I'm from Edmonton, and have been in investing in Alberta for last 11 years, and in Texas the last 1.5 years.
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19 February 2025 | 2 replies
For it’s part, Fannie Mae historically has focused more on purchasing mortgages from larger financial institutions, while Freddie Mac was originally designed to support smaller/regional/thrift institutions.
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23 February 2025 | 39 replies
Originally posted by @Jacob Trogan:@Mindy Jensen please lift my ban, also please let me know how to avoid this I did not copy the same message Hi @Jacob Trogan.
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2 February 2025 | 10 replies
@Kaleb Garrett TVA has a program called Green Invest that helps landowners develop largescale solar projects.