I have 7 rental properties. Interest rates range from 4.12% to 6.5%. Net cash flow is currently $50k/yr but pre tax. I haven’t paid taxes since I bought them due to deductions such as depreciation and interest paym...
Long time lurker, first time poster… let me start by saying a big thank-you to everyone here for what I’ve picked up over the last few months – very valuable resource. Sorry for the long lead-up to the question…
I’...
Hello everyone, made a post on here already about doing my first flip so wont get into the details about it. Something that I have been trying to figure out or learn is, what are my options with what to do with profit...
I'm looking to purchase my first MHP, what are some things you wish you knew heading into your first purchase? Questions to ask, financing options, things to look for, etc. Was your first MHP close by, or remote? I'm ...
I am fairly new to the real estate game so pardon my poor description of this situation. My father lost his investment property in 2008 to the bank. He explained to me that the very same bank who foreclosed his proper...
Hello Tax experts! I have a question. (and I know nothing about RE taxes)I'm sure most people have heard the latest headline about D. Trump and his (almost) a billion dollar loss that (presumably) he carried forward...
Hi Mike from Minnesota! listening to bigger podcast for last several months and I have worked in the mortgage industry for 7 years, specially in Heloc s the last 3. I want to be first time investor.looking for advice ...
Can someone help me translate this? VRBO is telling me on their website as I write my listing that in Destin, FL:11% tax collected from guests3-4 local, county, and/or state registrations/licenses24 returns per year...
If you purchase a piece of property, and know for a fact that part of the property is now owned by your neighbor due to adverse possession, would it be advisable to give that land to the neighbor to avoid having to pa...
I recently bought my first property in April, 2018 for $22,000.
The home required a full renovation. I'll be 60k invested after rehab and can sell the home for around 90k.
I would prefer to live in the home and hou...