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I need to open one up before the end year. A quick search yielded me mysolo401k.com. They charge 425 to start up an account, and 125 a year for maintenance. I will probably start doing the maximal 57k contribution for...
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Hello I am new and ready to do some deals.
Live in New York City but assume that I should be making the investments in other markets.
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Hi All,Wondering if in general investors are setting aside a % of their rental income for income tax. I realize this will differ greatly depending on personal income/location etc. but curious (especially in Ontario, C...
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I was in the military last year(2012), and recently got out so some important aspects of my residency status will be changing and I'm trying to prepare for those early.
I'm originally from FL and invest there, and b...
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Hi all.. I wanted to know if buying a mobile home as rental investment was similar to buying a regular single-family home. Do mobile home appreciate in value also? We are thinking of starting out with mobile home as o...
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We purchased a home last year that we were planning to rehab completely and then move into. The rehab happened, but the move in did not because my wife was transferred to another city. We've been in a rental throughou...
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Hello,I am planning to selling my investment property in NYC cost $721,000est. selling price $1,000,000mortgage left $350,000accumulated depreciation $100,000And buy an investment property with a value$400,000The rema...
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Hi all, just have a simple question today. Does anyone know if investing in real estate out of state complicate taxes? If so how so? I assume I'd have to start collecting some sort of data and filing state tax for ea...
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Hi All!I purchased a farmhouse on a 5 acre parcel in Upstate NY for $375k. I subdivided 3.5 acres, and kept the house for LTR. I sold the land for $105k and asked my lender for a partial lean release. They agreed an...