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Before I get started into real estate, I'd like to know what I'm getting myself into. As of right now and until I'm able to make money wholesaling, I'll be a sole proprietor. At what point do I or should I consider re...
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I have one vacation rental and looking to add a second property. We currently have an checking account for VRBO/Airbnb deposits that's part of our personal accounts (though it's a separate account). Our state requires...
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With the revelation by ProPublica in June that Peter Thiel's Roth IRA is valued at a staggering $5 billion, the news media is widely reporting that Congress will be considering changes to IRAs that will curtail such h...
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Greetings northern Nevada investors! I've finally closed on a property in the area and have received a questionnaire from the local tax assessor with questions about purchase price, property condition, opinion of actu...
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I believe this is new for 2023. Jack Henry (a third-party payment processing firm used by Yardi) is now sharing the gross amount of third-party transactions (around 2Mil) with the payee listed as my property manageme...
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I paid for an inspection and an appraisal for the deal that eventually failed through. Are those expenses tax deductible at the end of the year since I didn't end up buying the property?
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I know several people who have bought properties and kept them until they were paid off and sold them. Their plan is that they no longer get depreciation on this so it made sense to sell. One bought a new property and...
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Been running the Skidsteer spreading about 60 truckloads of dirt on
our upcoming Contractor building location. One of the Bumps, made me
think of Value Add as a topic. In between Breaks, kept jotting
concepts dow...
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I have a property that I’ve recently acquired. All of the 11 windows seem to be the original install from 1943 with the counter weights in the walls and everything. After the window replacement, some cosmetic work, le...
Hi all:
I came across a deal in my area that seemed ideal for a flip. The house in question needs a total rehab, but was priced significantly under comparable homes in the neighborhood. It was listed for around 200k...