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11 September 2024 | 0 replies
Have you used a bridge loan in your real estate endeavors?
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11 September 2024 | 10 replies
This isn't including other expenses I know but I was planning to self manage the property and hope rates continue to go down so I could refi in the future and gain more margin in rental income.After further analysis and speaking with a friend thats a real estate agent I may want to shift my original plan and sell it.
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5 September 2024 | 20 replies
Not only will you continue to build your portfolio, but it can offer the tax benefits to offset your high income.
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11 September 2024 | 6 replies
I decided to change career after having worked with films for more than a decade - and I have always had an interest in real estate.
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11 September 2024 | 2 replies
It protects real estate owners (and investors like me) from liability for environmental contamination that they did not cause.
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11 September 2024 | 2 replies
I've been seeing the Buy Box Cartel on Tiktok and Youtube and was interested in Real Estate Wholesale, I'm not sure where to start on how to begin, does anyone have tips?
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11 September 2024 | 2 replies
My assumptions based off research is I will be able to deduct 1/2 of all allowable expenses based off the ADU square footage (My understanding of that list below) 1/2 Mortgage Interest (Not principle) 1/2 Utilities 1/2 Property Taxes 1/2 Insurance (assuming I don't have separate ADU insurance) 1/2 general house maintenance (depending on the issue and if it's related to the ADU) 1/2 Depreciation (Home value, not land divided by 27.5) KEY QUESTION: If my mortgage (PITI) is $5400, and all of those ADU deductions equal $3800 monthly, and my ADU income is $1800 monthly, am I allowed to pay the difference in "deductions" from my real estate business income?
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11 September 2024 | 0 replies
We include real expenses accustomed to STRs so you can see the actual operating costs.
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6 September 2024 | 13 replies
Currently I'm listening to "ABCs of Real Estate Investing" and I've subscribed to the BiggerPockets podcast.
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7 September 2024 | 85 replies
That's because the Solo 401k offers many benefits over the self-directed IRA.