Okay...Finally making the plunge and putting my old primary into a LLC or Trust. Curious about what you all think for pros and cons? I am getting very conflicting information online and am actively seeking a Real Esta...
Has anybody bought a property with a loan and got a seller carry back for the down payment? If so, what lender did you use. I'm having a little bit of an issue finding a lender that will allow this strategy. The ones ...
My general understanding is that you can not depreciate your primary residence, but you can depreciate an investment asset on taxes. If I use a 2nd home loan, can I still depreciate that asset if I STR 11 months of th...
My wife and i are going to refinance our primary residence to take advantage of a lower interest rate. We are also going to be buying our first rental property in Columbus, OH in the next few months. We plan on buildi...
Not sure if I picked the right category for posting my question. But I recently heard of an idea of renting your primary home from your own business entity. Let's say I want to buy a new house to live in, can I set up...
The Duplex Advantage: Real Estate in Washington, D.C.
Investing in real estate can be a smart and rewarding financial decision, especially in a city like Washington, D.C. Among the various real estate asset cla...
I live in Maryland, but just purchased a 4-bedroom home with a friend who lives in Little Rock, AR. We each put 10% down, he pays rent for his room, and are renting out the other three bedrooms. Since it is my busines...
We live in Michigan.I took out a home equity line of credit on our primary residence. We bought a 2 family flatRehabbed & moved in 1 of the units & rented our primary residence & rented the other unit.Now ...
If you're weighing between purchasing a primary residence and renting spare bedrooms versus buying the entire property, which is more tax write off advantageous. In either case, the idea is to do the short term renta...
I really want to provide my seller with some options to reduce the taxes they'll pay if they sell me their property. By helping them solve their problems, perhaps I am their first choice for the sale. Here's a quick s...