Should we use stock assets to pay off home mortgage?Details:550K mortgage at 3.5% with 29+ years left to pay (purchase price 1 mil)Currently have 550K in stock that we could use to pay off mortgage The stock is not pa...
Investment Info:
Single-family residence fix & flip investment in Bainbridge.
Purchase price: $48,000
Cash invested: $50,000
One owner estate auction purchase. Really good bones, but major need o...
Hey all! Just got a question from a client that I would love input on, as I am not a Tax Professional. Question: Is it beneficial to do a Cost Seg on a property if he plans on doing a 1031 on the same property later t...
NACA has somewhat of a bad reputation online- but I'm almost done being qualified and it has been great for me so far.That being said, for those of you unfamiliar, NACA gives you loans with no PMI, 0 down payment, bel...
Hello everybody,I am just curious if as a beginner I should even consider southern california as my first place to start investing. Would it be beneficial to stay local so I can really get a feel for the market/area o...
So I own a triplex with 2 of the units being managed by a PM and used for Airbnb and myself living in the third and I have 20% equity. In the near future id like to move out and purchase another similar property but I...
Hi All, I am flipping a bungalow into a purpose-built two apartment home. To allow for easy separation of utility costs, I'm installing dual HVAC systems, dual hydro panels, and pony meters on the water meter. This ...
Been reviewing others posts and watching some videos. For now not getting involved in an LLC, but want to act like one for now. Will be house hacking basement and have 2 rented units. Want to act as though I am a tena...
Hello BP Family,
Apologies in advance for the lengthy post, but I have a rather unique opportunity at my fingertips that is a once in a lifetime opportunity and I'd love to get as much advice from as many savvy real ...
Bigger pocket members, How do you file for tax return for newbie? I only have two rentals. One in Memphis and another is Cleveland? Anyone recommend using turbo tax? Hiring cpa can get expensive so trying to find t...