I would like to purchase short term rentals and be able to qualify as a real estate professional and deduct against by active income taxes.

For starters, a purchase at the original contract purchase price could have resulted in a big fat loss.

Purchase price: $100,000 Cash invested: $50,000 My partner and I are getting into our first fix and flip!

Hey there,I'm almost ready to purchase a house hack and have found some good deals right off the MLS.

As far as purchasing leads, I don't know a reliable source. 

However, if you pay all cash, some lenders will allow you to do a cash out refinance based off of the purchase price immediately after closing with no seasoning requirements.

Hi all,I am looking at a potential rental acquisition where the home contains a garage conversion into a room and it is unpermitted.Note that seller has not included this room in the sq footage and i am not purchasing it with the assumption of conversion to permitted.If i were to buy and turn into a rental - is there any liability to renting it out with that unpermitted conversion?

Contractors can be some of the least reliable people on the planet - no offense to the good one (singular) reading this.  

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Purchase price: $514,500 Cash invested: $125,000 Purchased a beach condo that will be used as a STR.