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7 March 2024 | 9 replies
etc.Tax advantaged accounts include: 401-k and Roth IRA contributions, no HSA.Looking for a professional with proven success, references to others perhaps bigger pockets members who have successful househack strategies.Thanks!
7 March 2024 | 14 replies
Once I was at the finish line of signing up, they switched the deal last minute so a super crappy investment.
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7 March 2024 | 14 replies
My guess would be 50K including furniture, appliances, etc...Rental income was ~85K last year.
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6 March 2024 | 9 replies
Don’t include in NOI, but include for cashflow impact on income taxes.
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7 March 2024 | 19 replies
Is that buying distressed and doing a rehab or including move in ready?
6 March 2024 | 6 replies
Both sides need new appliances including washer and dryer.
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7 March 2024 | 11 replies
This allows you to pursue the company for any financial default which includes damages if not paid for on demand.
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9 March 2024 | 89 replies
I have two other homes; however, I sold one and when I finish the other I will sell it so that I can clear out my personal debt.
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6 March 2024 | 8 replies
You need to develop a Scope Of Work that is precise and then start getting prices for all the work.Once you have that magic number, then you will add that to the cost you pay for the house, along with any other fees or expenses...Then look at finished Comps (get a Realtor like @Chris Ayars said) and see if you will make any money......
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7 March 2024 | 8 replies
Tax Benefits: Real estate investments offer a variety of tax benefits, including depreciation deductions and the ability to defer capital gains through 1031 exchanges.