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7 February 2018 | 6 replies
I newly was married and was saving for our first home.
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5 May 2018 | 11 replies
In IR 2018-32, IRS said that despite the newly-enacted restrictions on home mortgages under the Tax Cuts and Jobs Act, taxpayers can often still deduct interest on a home equity loan, home equity line of credit (HELOC), or second mortgage, regardless of how the loan is labelled.IRS clarified that the Tax Cuts and Jobs Act suspends the deduction for interest paid on home equity loans and lines of credit, unless they are used to buy, build or substantially improve the taxpayer's home that secures the loan.For example, interest on a home equity loan used to build an addition to an existing home is typically deductible, while interest on the same loan used to pay personal living expenses—such as credit card debts—is not.
2 May 2018 | 1 reply
However, we'd like to be able to purchase the replacement property in a newly formed LLC (not the S-corp), but with the S-corp being the sole member of the new LLC.
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22 March 2019 | 0 replies
However, I do not know much about pre-launch condos and hotels because they aren't in most books I have read.
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30 August 2019 | 1 reply
Keep a camera handy and take lots of pictures of the property to remind you of the rooms and layouts.Buyers will go straight for kitchens and bathrooms when touring a new property, making these crucial areas of your home.Rehabbing a house is taking a property that needs some love and affection, lavishing all that upon it, and turning the newly rejuvenated property around to a happy new buyer.
13 August 2008 | 2 replies
It's less than worthless if it is not running.Tell your agent you intend to sue her azz off if she allows viewers to turn their very small children loose unattended in your house.I had one little rug rat get away from his mother and prepare himself to scratch his name with a nail into a newly installed hardwood floor.Children should never be unsupervised.If you are worried, put a removable fence around the water feature.
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25 November 2020 | 67 replies
BiggerPockets Club L.A is getting ready to launch its first local chapter in Mid March on a Saturday perhaps on the 17th of the month but what i do need from everyone in and around los angeles is to get in contact with me so i can arrange on the location based on everyone's location in and around Southern California.I will do my best to get everyone centralize to make this meeting a success.
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5 October 2020 | 92 replies
Most of the time without any work done, maybe some light cosmetic (nothing close to a flip).Basically a way to buy a newly originate loan with a discount. - Is there a name for this strategy?
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7 March 2022 | 33 replies
Invest in things you know and care about.For example, in the real estate space, there are crypto coins already on the market like Swiss Real Coin (SRC) (launched), Atlant (ATL) (launched) and Chelle Coin (CHL) (soon to be launching their own ICO), that are all focusing on different kinds of real estate deals.
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19 June 2019 | 14 replies
@Ronny Lee When my wife and I moved here (Topeka) Fall of 2017 from Wichita to relocate for the purchase of our business we were forced to rent due to the move happening on short notice and also due to being newly self employed I could not get a loan to buy a house.