Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.

We put together a purchase price, interest rate, insurance cost, and property taxes. 

You and Him are filing one joint tax return. 

Taking a break from working on our 2024 bookkeeping and taxes. 

To defer all tax you must purchase in total at least as much as your net sale.

I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction? 

This is day to day spending, rent collection, tax/utility payments etc. (1) account for all security deposits, (1) account for parachute fund, capex items etc.

I understand I wouldn't get the benefit of tax deductions, but what else am I missing that makes this a good deal? 

You will want to fully understand the tax reporting burden you will face. 

Quote from @Jerry Huerta: Quote from @Charles Perkins: After 30 years, what advice would you give in real estate?