Looking for some suggestions on a tricky partnership which started beautifully but gradually going sour. Almost 2 years ago I came to know this older gentleman. He and his wife had done 4 bungalow conversion projects...
I have a two family house and the plan is to buy another one in 4-5 years. Keeping the current one, rent out both units, and move into the new one. We've been saving up for a down payment to do 20% down. Currently hav...
Hi guys, I’m new to the wholesaling business and wanted to know how to get started with a $3000 marketing Budget. I’ve been reading as many books as possible on the subject over the past several months and I have a co...
Hi all. I'm a bit confused on this issue as I read about depreciation recapture being taxed as "ordinary income" then I see mentions of a "flat 25% rate". I have a 3 part questions:- So will the rate depend on your ...
I am reading a book “every landlords tax deduction guide”, which was recommended to me from this site. I understand that the 27.5 year depreciation is only for the house and not the land value.
I bought a piece o...
If your desired next investment was either a car wash or storage unit facility, which would you choose and why?• Build automatic car wash from scratch• Buy old car wash, renovate & stabilize• Build storage facilit...
Just curious how many people here have given up on the stock market as it relates to their retirement plans?
Given the lackluster performance of the S&P / Dow / Nasdaq over the past ten years does it even make ...
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
Does anyone in the trenches in the Raleigh / Research Triangle area of North Carolina have any impressions of how the market will fare through 2021? Even if you don't make an outright prediction any insight on the re...
Here’s a very brief summary of a few things it includes:
- Stimulus checks worth up to $1,400 per person. There are restrictions based on how much you make.
- Unemployment assistance - A $300 federal increase to we...