Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
If I were investing in eastern WA, or where my extended family lives in Pennsylvania, those 100k houses in good condition are a real thing there.
Dean Kenny
Best Option to Start Investing
22 January 2025 | 4 replies
One caveat to this strategy is that you can’t live in a property that your IRA owns, nor can you rent it out to anyone else who may be considered a disqualified person like your spouse or child.Feel free to connect with me and send me a direct message if you want to learn more!
Roxanne Whitaker
MD Tax Law on Out of State Investment Owners
15 January 2025 | 1 reply
Quote from @Roxanne Whitaker: Please be aware if you buy an investment property and do not live in MD, when you go to sell it you will pay an 8% tax at settlement.
Lauren Merendino
Pre retirement Strategy
22 January 2025 | 26 replies
Unless you have the rentals paid for by the time you retire, they aren't going to be enough to live off of.
Jeanette Land
Next move for investment
21 January 2025 | 4 replies
Hello, I live in southeastern Wisconsin and currently have a long-term duplex in Wisconsin.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
22 January 2025 | 3 replies
I am a single individual, no dependents, only live and work in PA.
Curtis Cutler
cashing in 401k? rethinking retirement.
22 January 2025 | 7 replies
I lived in NYC and worked for the city until I was terminated for not taking the covid vaccine.
John Reagan Johnson
Switched to a Property Manager
22 January 2025 | 9 replies
Hey John,I own 12 units in Detroit but currently live in California.
Yooni Choi
How to self-manage out-of-state property
21 January 2025 | 10 replies
Hopefully, not an expensive tenant or Fair Housing lawsuit.100% of what @Travis Biziorek states is true, but he left out a key fact - he lived in the Detroit area when he started investing here, so was able to self-manage and meet everyone he had to hire face-to-face.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
When you sign almost all mortgage closing packages, you are signing an Occupancy Clause that states you are intending to live in the home for 12 months.