The townhome (according to redfin) is currently estimated at $1,009,000.We have been debating renting out the townhouse since it is relatively cheap.

Best case scenario is keeping all REI related transactions in their own accounts so that you can track them easily.

They're small enough to manage with little experience (so the stakes are relatively low), but you also get to experience the power and fun of real estate.

I am looking to switch accountants since mine made too many mistakes last year and doesn't know enough about deductions related to rentals.  

You say that the cash refi would run you about 5.375% and although the rate is "higher" compared to what we've seen the last few years, it's still relatively low. 

You could pick up a cheap thermometer/hygrometer and see what the relative humidity is in the unit.

Hi BiggerPockets Nation,I am currently looking for my second buy and hold deal in the Hampton Roads, VA area and I am wondering if anyone has advice, leads, general information related to new construction in this area.

With relation to tax liens, I currently have a couple in Arizona.I purchased the liens after the auction (some juridictions have leftover liens that if they aren't won at auction, you can purchase outright - earning the highest level of interest available...18%). 

love me some @Chris Titcomb for all RE related issues for sure.

Hi guys,I'm trying to help a relative here and I need your insight.She bought her house for 70k in the 70s, now the area is well sought after in SM and it's worth north of 3.2MIL....it was never rented and now that she wants to sell...we found out that there will be a 32% capital gain tax...after deducting the 250k (single) + 70k (original price)+ 90k (renovations)...she will have to pay a little above 900k in taxes and wont be able to get a house for 2.5MIL that she liked.