Investment Info:
Single-family residence buy & hold investment.
Purchase price: $45,000
Cash invested: $11,000
This is a BRRRR deal we are renovating and will hold. We are all in for $110,000 and...
Hi everybody, I was running some numbers on a property I would love to buy but Don't have anywhere enough cash lol. Anyway one of the first things I do when running numbers on a place is to find out what the taxes ...
We have a home in Florida but are thinking of renting for the winter season and traveling instead this year. If we will be renting for 6 months and a day or more how does that affect our Homestead status? Thank you.
I live and own my first rental property in GA using Mynd property mgt company. However I know there are many other better cash on cash ROI markets out of state (maybe FL TN etc) and just wondering what to consider if ...
What's the best way to handle prohibited transactions in an IRA, ie, mistakenly taking monthly lease payments and claiming as income and paying taxes on that income. What should I do to resolve past prohibited transa...
I have a question regarding taxation. For one of my properties, when I incorporate the losses (depreciation, insurance, tax, repairs) in comparison w/ my rental income, I get a net gain. I was under the impression tha...
So the multi-fam property is already positive on NOI. Was recently rehabbed. Has long term tenants that want to stay. Price is about or slightly under market. The downfall... not a great area of town and no parkin...
Hi, I own an apartment building in NJ. The state has the building registered with 9 apartments but the city of Newark has 8 apartments registered, and the city rent control board also has 9 apartments registered. Ha...
Okay, I'm pretty new to wholesaling... I've been able to help and basically watch a friend negotiate a few wholesale deals. But my friend doesn't know the answers to my questions on this house that I'm pursuing by mys...
My husband and I are planning to do our second 1031 this spring. We just found a potential seller. It's in a partnership. The first partner is 79 and wants to retire. The second partner is a long-distance LL who i...