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8 July 2023 | 34 replies
After a year, you can refi the place into a conventional, do another FHA loan on another multifamily, move and do it again.This way you can build up cash and have a couple of vehicles that product steady income for you.
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16 June 2023 | 43 replies
You might think that saving on taxes now and paying later through a government-labeled "retirement" plan is a smart move, but let's think again.There are various retirement vehicles out there, such as 401ks, self-directed IRAs, ROTHs, DB plans, HSAs, and 529 plans.
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5 March 2017 | 141 replies
I just really like real estate as an investment vehicle but more of the passive variety.
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12 July 2023 | 5 replies
There are many things that could be overlooked as part of the renovation on fire-damaged properties.The concept of a "total loss" in the property damage world is kind of borrowing a concept from vehicle insurance, which is very different.
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2 June 2018 | 5 replies
You'll need to pay cash for everything which can be a bummer as the ability to use leverage is what sets real estate investing apart from other investment vehicles like the stock market or bitcoin.Do you have a decent rental market in the country you have citizenship in?
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18 July 2023 | 0 replies
Lifetime learning credit - This credit allows you to take a credit of up to $2,000 per year to put towards education expenses after high school.State taxes paid last year - If you paid state taxes in the previous year, ensure that you include this amount in this year’s taxes with your state tax itemized deduction.First job moving expenses - If you have to move for your first job and you drive your own vehicle more than 50 miles to relocate, you are eligible to take a deduction for your moving expenses.Specialized work clothes - If your work requires that you wear a costume or uniform and the attire is not suitable for general wear, you can deduct the cost of upkeep.Jury pay given to employer - If you provide your employer with your jury duty reimbursement amount, you may be able to deduct this amount so that you are not taxed on it as this money just passes through you.Whaling ship repair - If you or your client is a whaling captain, you may claim up to $10,000 for your equipment and ship repairs.
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10 May 2018 | 9 replies
For the purpose of this post, let's define a turn key investment as an investment offered by a company that either offers a renovated rental which they offer to manage, or an investment vehicle that combines acquisition, construction management, tenant screening and leasing and property management.
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15 July 2023 | 4 replies
The ordinance only prevents recreational vehicles, which is what the glamping site was, but there are yearly fees ($854) and 10% TOT for STR, so MTR may be the best.
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17 July 2023 | 18 replies
I’m pretty frugal so I would exploring used vehicles.
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30 June 2023 | 12 replies
Extra vehicle, boat, rv parking space rental off to the side.