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Hello,Noob question on the potential tax benefits of real estate investing. My wife and I have W2 annual income (dual income family working for large corporations) that puts us in the ~30% marginal tax rate bracket. ...
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I have a question concerning taking out a home equity loan or a HELOC while in the mortgage process. Would either of those affect our approval? Which one would have the least negative impact when it comes to the appro...
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Does anybody have a statement of work of recent rehabs completed here in Kansas City, Overland Park or Olathe? I know I am probably asking for too much but I thought I'd ask. I'm already spending my time at home depot...
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Hey BP! Second thread posting here (thanks so much for the responses in advance everyone).I am hoping to get some advice on I can apply my mechanical engineering degree that I am about to get in a couple of weeks to S...
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I have been an independent contractor for 7 years. each year i write of most of my income. i never realized until recently this severly limits what a lender can give you. should create an llc or some other identity an...
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Hey all!! I am trying to analyze a few apartment complexes all around 24-36 units. My question(s) as you can see from above is "does the 1% rule apply when analyzing apartment buildings???" What are the main numbers ...
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Earlier this year, I was facing an eviction situation. The tenant had DSS pay a couple months, but lost services and stopped paying. I learned a lot and took care of it myself. A consolidated resource could have helpe...
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I've never gone to apply for a loan before and quiet honestly have no idea how the process works. I've tried to get "pre-approved" (and wasn't able to) a little while ago and am in a different financial situation now ...
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I purchased in four-plex and was given a contract with an inspection rider and then the real estate agent changed broker and had me sign a mutual release and then a new contract. I skimmed through the new contract and...
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Here is a hypothetical question hoping that someone can answer.
Say I have two properties (A and B) with both properties having separate mortgages.
Can I sell property A and use a 1031 exchange to pay down the mortg...