John Smith
Buying Primary Residence, Does it make sense to put down 20%?
I plan on buying a new primary residence , around 600k, does it make sense to put 20% down to prevent PMI? Or would you rather put 10% to get more cash for other investments? 20% down = 120k. 10% down = 60k20% down , ...
Nate Grabner
Accountant recommendations, House Hacking and Crypto
Like the title says, I'm looking for recommendations on accountants. I purchased my first House Hack this year (2 flat in Avondale), and did a decent sized renovation as part of it. In addition to my W2, I also bring ...
AJ Stanis
Question about inheritance buyout and Prop 19 tax benefit on property in CA
Hi,I have a question about inheriting a property in California. I am inheriting a property in CA with my siblings, the property is in an irrevocable trust and I am looking to buy them out. At first I thought I cou...
Dillon Black
Tax Deductions, depreciation on House Hack?
Hello everybody, so I spent some time trying to figure this out, but I'm hopelessly lost. What are the tax benefits or disadvantages of house hacking and living in one unit of a duplex, as opposed to renting both unit...
Wendy Man
filling in door sidelight
we have a door sidelight that we no longer want. we prefer to fill the glass area with something solid. The glass portion is maybe 1/2 ft x 5.25 ft. Can we just put plywood or vinyl trim or something similar in the...
Alexander Ewald
[Calc Review] Help me analyze this deal
This is my first guestimate for rehab, haven't looked at the house yet. I was very conservative in my opinion. This was just to consider a hard money/ private lender at 3 points and 12%. Surrounding homes are around $...
Rob McCarthy
Bank owned tear down
This property is 1.4 acres with a four bedroom, one bath home in need of extensive renovations. It is bank owned with an asking price of about $70k. (The assessed value of the property is about $135k) The 1.4 acre pr...
Bryan Hancock
Chattel Appraisal or Cost Segregation Breakeven Size
At what size building do you find that chattel appraisals or cost segregations make sense financially? I generally use a 3-yr payback for these decisions.
In my area the improvements constitute a large portion of th...
Adam Oldham
Total Rehab Time For a 900sqft House
I was curious if there is any general consensus on how long a 900 sqft single story ranch should take to completely rehab. In my mind I have always budgeted 2-3 months but this time and time again seems to be overzeal...
Cody Holt
Best Insurance Policy for Owner Occupied 4-Plex
Hello,I am purchasing a property in Mid-Missouri. The property is a 4-plex. I will be living in one of the units and renting out the remaining units. I am running into some issues with insuring the property. I have be...