So I've been house-hacking for about 3 weeks when this happened last weekend. I'm still going through the trauma but I would very much like to get the legal requirements of this situation over with as soon as possible...
I keep seeing videos, articles, etc talking about BRRR and how to use rentals as a means to quit the 9 to 5 job. Maybe I'm missing something but how would one do this with rental properties if the cash flow (assumed $...
Hello everyone! I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job. My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense. H...
Hi All! I work very closely with a rehabber in Baltimore City and therefore am often coming across deals that don't quite work as flips but would be slam-dunk rentals. Until now I have passed on this opportunity. Howe...
Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...
I've recently moved into a much more expensive market, and I am no longer able to compete by making all cash purchases. I am a small investor with limited business structure to date. All of my previous purchases ha...
Hi all. I didn't want to look this up as it would possibly stress me out more, I'd rather ask here and get a direct expert answer .So I heard from someone , whom heard it from her son , that there will be new laws/reg...
http://www.reuters.com/article/usDollarRpt/idUSLJ93633020090319
Inflation could be pretty when that happens. Ironically it appears they still want some sort of fiat reserve currency.
I've been researching REI for awhile and am convinced it's a good investment. My wife isn't sold, and she has fair and valid concerns about the risk.
We are financially stable with no debt besides mortgage, on pace f...
I ran across Jason Hartman's website/podcast and am intrigued. Is there anyone here who's bought properties from his company that could share their positive or negative experience with me?For what it's worth, everyone...