So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...

I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible.  Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...

I decided to post this in the STR forum instead of Loans because I think we'll get better responses from those of us in the STR world.  In recent podcast #364, Avery Carl discussed her ability to purchase vacation ren...

I bought a new house in Durham for me and it will be ready in October. I’ve lived in my current home (Raleigh) since 2018 and I’m hoping to keep it, but have several questions. My mortgage is $1400 and the house shoul...

I'm curious to see who here has purchased an investment VA property using "vendee" financing. Please describe the process, whether it was as straightforward as it seems, and what your associated costs were. Also, wo...

Read an interesting article recently about viewing paying PMI and viewing it as an interest expense on a diminishing principal amount (as you make monthly mortgage payments and pay down principal and your PMI s...

The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...

Howdy BP community. I had my first house hack go very well in a class A neighborhood. Since then I’ve moved out rented it out and working on a live and flip for  my second property (sf) so I can have a house of my own...