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What thoughts does everyone have regarding buying a long term rental in a new build neighborhood?
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Hi all -
My wife and I are working on our first deal. Our plan is pretty typical - FHA our way into a duplex and live in one unit for a short period of time, then move to a single family and rent both sides out.
We...
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Hi everyone! I am from Atlanta, Georgia, but have been living in Asia (currently Tokyo) for the past 7 years. I and my wife plan to move to the US around the end of this year at which point I'm planning to start a c...
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Looking to buy single family homes for long-term buy and hold. The cashflow in the nicer northeast Jackson area is very good. Almost too good to be true. Has anybody had success with turnkey type properties in Jack...
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Investment Info:
Single-family residence other investment.
Purchase price: $92,000
Cash invested: $24,500
What made you interested in investing in this type of deal?
Good price
How di...
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Hi! We have found a mobile home park that is changing over to an RV long term stay. The park needs work and has 38 sites. It is in Memphis which is a very dangerous place. It seems like a good deal and he is willing t...
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I have no experience in real estate but am excited to get started. I currently have no investments but am working on getting one within the next year. I am interested in owning long term rentals. Any suggestions of me...
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Investment Info:
Single-family residence fix & flip investment in Haverhill.
Purchase price: $50,000
Currently doing a live in flip acquired with subject too financing. Trying to convert my single fa...
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HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...
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Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...