Enis Baftiu
First time home buyer but turned into a rental! How to deductible all the remodeling.
I bought last summer a house as a first-time home buyer with a conventional loan. My wife and decided to continue renting for our selves and rent the house out because it made sense. We kept the house for about 4 mont...
Jeremy H.
backyard patio / side walk increase cost basis?
I planning to have backyard installed in new construction SFH.
I read this cannot be added to the cost basis of the rental property and be depreciated by 27.5 years since it is not an improvement to the property.
Bu...
Cliff T.
How quickly can I use cash out refi proceeds?
Hi all-I recently completed a cash-out refi and I'm wondering... how quickly am I allowed to use those proceeds on a downpayment for another investment property? Are there any standard rules/regulations around using t...
Melanie Baldridge
For Limited Partners
Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?
RE Pro Status supercharges this.
If you or your spouse are an RE Pro, your LP investments can lead to depreciatio...
Roxanne Baisden
Professional advice needed in Orange County for a SDIRA newbie
I am currently a commercial property manager for a local firm in O.C. I'm seeking professional guidance to jump in and invest in real estate through self directed IRA, funded and ready to go. I am in the process of r...
Dan Cumberland
(Re)introduction - Hi from Seattle & late start 90 day challenge
Hi everyone!I'm not new here, but I've just jumped back in after having my head down in my work for a while— so I wanted to introduce myself. I'm Dan Cumberland. I'm an entrepreneur, blogger, podcaster, and photo...
Krish Das
Investment out of state
Gurus, I need some expert opinions and some contacts.I am from Colorado Denver and want to invest in out of state where the ratio between net rental profile and price of house is pretty high. I am not new to real esta...
Bilson Wallace
In need of partnership/ mentorship
Hello,
I’m currently Active Duty Army stationed here in Fayetteville, NC. I have 1 long term rental and is very eager to continue my investment journey. I’ve done some research on my but is lacking the experience wh...
Francisco Ruiz
Snowshoe, WV - Condo or Home
We are looking at Snowshoe, WV as a potential market. We are looking at both a condo and also a home that are near the base. Condo is in Soaring Eagles and is ski in/ski out. The home is just a block away, in the S...
Jared Garay
SEEKING ADVICE TO AQUIRE MY SECOND PROPERTY
Hello,
I am seeking advice and ideas for my next move in the real estate industry. Let me provide some context. I am a 25-year-old mechanical engineer earning an $84,000 salary in the vicinity of Dallas.
My primary ...