I have been researching what the qualifications are to be considered an accredited investor this evening. I found a ton of answers through internet searches that all seem to agree upon these foundational criteria:*...
I am new landlord and would appreciate some advice. I have a young engaged couple with her child who are interested in renting my home. During the showing, they said they can meet the income criteria of 3X/income join...
Hi All!
I am getting married next year and I am trying to ensure all is in order. I always writeoff my rental losses each year
Ex. I make 80k and she makes 80k
My understanding is if your agi is under 100k you can ...
What yields the most income tax return, file married separately or file jointly?
Upon the death of my sister, I have been researching properties owned by her and I have found quite a lot that I need help understanding.She was previously married and legally divorced but began living with her new pa...
This might be a strange question to ask, but as a married couple am I able to buy rental properties in my name only? I think there are many pros and cons to this option but wanted to get input from others if they have...
Good morning,I am a rookie REI located in Essex County in Massachusetts. I am currently researching and creating a long term plan for my real estate investment. I was wondering what people thoughts were about my spous...
Hi everyone. My husband and I currently own one SFH and just got an offer approved on our second one. We live in New York and invest in Florida where we are originally from. My brother, who lives in Florida, really wa...
If a house has been owner-occupied by a married couple filing jointly but 1/3 of the house has been rented, do the couple qualify for the $500K capital gains sale tax exclusion?
More details:
House has been owned an...
Hi, I have a triplex under contract that will only be finished in the fall (new construction). I am buying the triplex using an LLC. I have a very good credit and will put 25% down. I am also engaged and we are pla...