Hi everyone, I recently purchased my first house in Baltimore, MD. It is a 3 bedroom 2 bath single family row home. I currently reside in one bedroom and rent out the other two bedrooms. I want to create a new checkin...
For the past few years I’ve been periodically posting about complex, somewhat hard to implement, and time consuming strategies and tactics that I’ve used and can be used to “accelerate” wealth building in real estate....
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
I'm going for an Actual Cash Value policy instead of Replacement Cost.1) Should I get the loss of rent option? Not sure how valuable this is.2) The basic policy doesn't cover water damage. Is water damage coverage a m...
I have been in the Army for a total of 8.5 years and I use to be very passionate about it. Don't get me wrong I do still enjoy some of the perks of being in the Military ie. 30 days vacation a year, tuition assistance...
🤔 I was wondering if an investor can minimize capital gains by doing a cash out refinance before selling the property. Let’s say I have $100k equity in a rental. The property is worth $200k. I do a cash out refi and g...
Hello, my wife and I are about 10 years from retirement from our full-time jobs. Our real estate goal is buy-and-hold rentals to provide partial income replacement upon retirement.We currently live in a SFH with good...
Hello Fellow Investors,
I am looking for some guidance, I am building a proposal to present to investors. But I am curious from people who have some experience or have partnered with others who provided the capital ...
Newbie question: I've read numerous threads on the depreciation benefits of RE investing but need to ask the following for clarity. I earn over $150K in W2 income. My RE business partner and I have an LLC and are c...
Hi Everyone,
We are looking to buy a property for rental and it's great except the seller obtained a solar panel from Solar City (SC) through a lease. The seller discounted the price of house a bit but asked us to tr...