
4 February 2025 | 17 replies
We're interested in a primary residence home purchase using a RE attorney and hiring a buyer's RE on an hourly basis.

8 January 2025 | 12 replies
Currently, I own my primary home and a rental in San Antonio, TX.

17 January 2025 | 12 replies
I am buying conventional for primaries and DSCR for the rest.

17 January 2025 | 9 replies
You could house hack and use the other portion to AirBnb as then you meet the primary residence requirement in B.C.

23 January 2025 | 26 replies
Also get me out of more debt/risk.I would put 100-150k into savings for a primary home for my familythen i would put 300k into Bitcoin...just kiddingThe rest of the money I would likely want to "work with".

22 January 2025 | 22 replies
If convenience to local Houston attractions is the primary reason why someone would stay there consider highlighting that in your photos.

10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.

16 January 2025 | 10 replies
Keep that as a backstop when the primary funds run out so that you don't have to pass up on a great deal that comes your way.LLC structuring is something that you really should talk with a tax professional about.

8 January 2025 | 6 replies
The property either has to be zoned a commercialZoning or - you have to own both HPR parcels and have one be a primary residence .

17 January 2025 | 23 replies
As has been mentioned, try to find a way to keep as your primary for 2 years, and all gains are tax free at the sale.