Marc Shin
Insignia washer/dryer for STR?
29 November 2024 | 7 replies
We have LG models in our primary home and they are also pretty great.I would not get a washer smaller than 4.5 cubic feet and the matching dryer which is usually 7 cubic feet.
Thomas F Blaskey
1031 vs Gift vs Sale
26 November 2024 | 3 replies
The best strategy depends on your goals, but here’s a breakdown:Selling outright would result in paying capital gains tax and depreciation recapture, but since the appreciation is minimal, the tax impact may be relatively low.Gifting the property to your son could potentially allow him to sell it with a lower tax rate, but since he hasn't used it as a primary residence, he won’t qualify for the exclusion of capital gains tax on a primary residence, and you'd need to account for gift tax implications.1031 exchange could defer taxes, but you would need to purchase a like-kind property of equal or greater value and meet all the IRS requirements.
Alvin Taveras
Who Offers HELOC on Investment Property?
26 November 2024 | 12 replies
HELOCs are not my primary business so I don't really look into them too much.
Jeremy H.
How much longer until we get a downvote button?
27 November 2024 | 22 replies
I am a busy man, sometimes more than others, as we all are.I come in here to help others when I can.I make no money from this-and making money is my primary focus.That and handling the responsibilities and time consuming tasks that go with it.I also lead a very comfortable life full of friends and business acquaintances that take up a great deal of my time.
Matthew Kwan
5% Down on multifamily units for the WIN
27 November 2024 | 0 replies
Did you know that you can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional.
Jake Allen
Starter home to second home, do we rent or sell?
25 November 2024 | 10 replies
If you’re planning on buying your new primary nearby, it will make being a first-time landlord much less stress inducing.
Michael Baum
Mike's Deal of the Day - Black Friday Deals - One for the higher end!
28 November 2024 | 2 replies
Lots of options for making espresso drinks.We have had a Breville in our primary home for over 10 years with zero issues.
Andrew Steffens
Credit Card Points Hacking
6 December 2024 | 36 replies
We are based in Alaska and have 2 primary airlines: Delta and Alaska.
Mitch Holmes
Bag of cash but no W2
27 November 2024 | 10 replies
It's also worth mentioning that I already have a good relationship with a wholesaler in town who knows other good contacts, and I am able to use some of these contacts as good resources for general knowledge and learning how it all works.I recently had to close my business of 9 years, and so instead of getting a W2 job or start some other "normal" business, I'd much rather prefer to have house flipping be my primary source of income.
Renee Pohle
Advice on Getting Started!
25 November 2024 | 10 replies
This way you can fix up your primary residence to build equity and also add a cash flowing rental.