Kristopher Kyzar
Buying Turnkey Rentals with Solo 401 (k)
1 February 2021 | 13 replies
The goal will be to use the Solo 401 (k) to buy Turnkey Rental Properties to be held indefinitely by the plan.
Travis Odette
Rental property income investing
28 June 2020 | 12 replies
If you do a 1031 when you sell you get to indefinitely defer the tax on gain and depreciation recapture.
Ricardo P.
California Bill A.B. 1436 (15 months NO RENT)
28 June 2020 | 9 replies
Here’s some more info on this proposed statewide bill:CAA: New bill would defer rent indefinitely for COVID-19 affected tenants
Chris Bell
Purchasing My Grandmothers Home
24 June 2020 | 29 replies
Selling to someone else would bring bottom dollar and only cover a couple years living expense, but renting would allow her to stay there indefinitely.
Alexander Reyes
What are some interesting tax benefits for owning a house?
25 June 2020 | 10 replies
@Alexander ReyesFor a primary residence, but only if you itemize deductionsMortgage interest on your acquisition debt can be deductedProperty taxes are deductibleOwner occupied property may qualify for a discounted property taxesCaptial gains on sale of home are eligible for Section 121 exclusionFor an investment rental propertyMortgage interest on acquisition debt is deductibleProperty taxes are deductible but not discounted for non-owner occupied propertyRepair costs, maintenance and upkeep expenses are deductibleHome owner's association fees, rental license fees, and certain postage costs are deductibleFees paid to property manager, accountant, and attorney are deductibleDepreciation is deductible against rental incomeUp to $25K in net losses from a residential rental activity can be used to offset other taxable income subject to certain income limits.Capital gains on sale are taxable but may be deferred indefinitely using a qualified 1031 exchange
Nikhil Nirmel
How to find owners who would sell home equity?
14 July 2020 | 5 replies
It's usually a 10 year contract, so it's neither intended for a quick sale nor for an indefinite hold period.
Peter Morgan
Tenant brought rats from his previous residence?
23 June 2020 | 15 replies
@John Farady"There is another source of food they are finding"On a related note as part of the Corona disinfecting regimen the tenant has started keeping his online grocery orders outside his apartment for few days before taking them inside.The grocery items included things such as cereal,flour,pasta,rice etc.This time around he kept the groceries out indefinitely for more than a week, could it possible that may have invited the rodents?
Doug Holt
Buy now in a popular area or wait?
23 June 2020 | 1 reply
Sounds like you found one.An internet search on market forecast for your city predicts that the over 9% price increase of the past year will most likely continue on indefinitely.
Michael Taylor
Keep $30,000 for Reserves or Finish Basement
23 June 2020 | 6 replies
If you don't secure your refi, you can be stuck in a high interest loan indefinitely...assuming your hml will even extend.
Paris Capers
[Calc Review] First Try at VA-Loan House Hacking a NC Duplex!
27 June 2020 | 4 replies
In definitely see how that could sink the deal now.As for PM, I was considering self management using the BP landlord resources combined with a service like Cozy since I'd be on the property.