I currently live in Omaha, NE and am planning to move to Colorado. I currently have 2 properties, 1 as a rental and the other is my primary residence. I'm trying to decide if I should keep these two properties or sell...
For those who flip properties or are planning to flip properties, I am curious. Do you favor neighborhoods where flippers have already (or are already) operating? Or is that irrelevant?
A follow on question is do yo...
I hope this finds you well! I have a scenario I would like your input.
I have had a rental property for 10 years. I want to access cash by selling it except there’s a big capital gain on the investment property. So i...
Hello! I've just found myself in an interesting situation. I'm very interested in RE investing and wanted to run my ideas by some experienced individuals.
I recently purchased a home built in 1942 in February 2021 i...
When it comes to financing investment real estate, a major component is lender options and my best suggestion is research and education.
I entered the mortgage business in 2004, and almost twenty years to the month,...
Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
So I'm starting out considering rental property investing. I've talked with my lender (on my current house) and asked some questions.
I have $200-$230K in equity I can access depending on how an appraisal of my hous...
I have an executor who would prefer to sell to me rather than pay for listing. The reverse is about 100K over market value in current condition. He wants to be able to pay off the grandchildren named in the will to...
Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
Thanks to everyone who responded before, this forum is so great. I'm a first time landlord, I rent out half of my house. I'm trying to find out my depreciation number and more questions have come up. I understand I c...