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Hello All,I am interested in learning more about bringing in a "equity partner" ( I believe that is what they are called) for purchasing a rental home.There was BP podcast recently in which they discussed a technique ...
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I’ll try to make this short....44yro married with 3 kids, good paying job, very conservative Primary residence in Southern California. Owe 480k, property worth 1.5mil. Locked in at 2.65 for 30 years.Rental Southern C...
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I've found so much contradicting information online and through the hired professionals that handle my taxes. I am hoping that someone here can provide a more reliable answer. I have a well-funded defined benefit pens...
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Hello everyone!I recently purchased a duplex and am wondering what I am able to write-off or show as a loss for the renovations and repairs that I have put into the property. I've put a couple thousand into the unit t...
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here is the situation... i bought a single family house to flip, but decided to move there as my primary residence. I need to get a permant mortgage on the property now in my personal name. The current financing is a...
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Basically if I buy a rental house for 75k cash and rent it for 750 a month it will take me roughly 10 years to get my money back. In the mean time is it a loss? I already paid income tax on that money, I saved it in m...
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Does a general construction contractor qualify as a real estate professional? I'm wanting to take advantage of the unlimited losses reporting for taxes.
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I've been trying to figure out how to become a legit investor again in my own market outside of the most common ways (big banks, traditional loans, etc.) and have been reading and listening (for quite some time now) t...
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What is the best path to take after a natural disaster to recover the maximum amount in damages? I feel the need to pick myself up and brush myself off after losing an investment in Florida, and am wondering if the cl...
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In real estate investing "OPM" is thrown around so much like it's just some magical thing. You just wish for it, and it shows up on your lap. It just doesn't magically appear. Yet in everything, it gets tossed around ...