Let's say I buy a property with 2 buildings on it, and have a mortgage against the property.
Let's now say I split the property into 2 parcels, sell one and keep the other.
How would the lender (normally) react?
Ho...
Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
I have a property ground lease that is 15 years old and 3 years left on the lease. A Hired broker of the large chain restaurant wants me to contribute 100k toward improvements and in exchange they will extend the lea...
So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
I'm collecting stories about weird ownership interests people encounter in Alabama foreclosure or tax sale investing. For example, I've recently fielded questions about tax sales of improvements only, and life estate ...
I'm looking for a fixer-upper townhome to house hack in Loudoun or Fairfax county. The plan is to make improvements and rent out rooms. The goal is to be able to force some appreciation and reduce living expenses.Agen...
Wouldn’t it be nice to be a millionaire? Sitting under a palm tree, relaxing, with plenty of money set aside for you. To be in that position you not only have to escape the rat race but pledge to live a life of contin...
Newbee investor, I purchased my first investment property the first week of January this year. The property was a house which was never completed. I should have the house completed in approximately 4 months. My pla...
Let’s say for example:
You buy a duplex, do 15K worth of improvements ( those of which are beneficial in the sense that it will make the worth of your house go up.. not golden toilet seats )
Rent out full
Raise rent...
Just got property tax statements today. Most of the houses went up a few thousand to maybe 7 thousand, which is bad enough, but I have one house that the improvements were valued at 76,000 last year, and this year a...