I was thinking of creating an LLC (which I will do in the future but not for my first property) and renting the house to the llc for the first year.

I recommend buying a 2-4 unit property to house hack rather than buy an individual apartment (condo or townhome).

It's crucial to conduct thorough due diligence on the property to ensure it has potential for value appreciation or can be renovated to increase its market value.To learn more about seller financing and strategies for adding value and reselling properties for profit, consider studying real estate investment books, attending seminars or workshops, and networking with experienced real estate investors who have successfully used this strategy.

The house is rough, but we have experience remodeling and have a GC and an Amish crew ready to go. 

The house is worth $850K with a mortgage balance of $350k and a HELOC of $200K (used). - Can we claim after the sale that we’ve made $850k - $350k - $200k = $300K or does IRS not consider the HELOC in the sale please?

Hi everyone,Have you recently bought a house in the NC coast at the current high interest rate?

I got one today at the store in queen size for $12.99, the king size is $14.99These are reminiscent of the Charisma/Berkshire comforter that I have been using for the last 7 years in the lake house as well as at home.I will say that these new ones are more of a thin blanket rather than a thicker comforter.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

The house is in my hometown, I'm very familiar with the area.

Plus we will have Capitol from selling our house that would be enough to cover a down payment and 6 months of payments.