Hey everyone! I've been investing in real estate since 2017 and have seen that the real money or wealth made in this field is in equity build up moreso than in cash flow. San Diego, to me, seems like a market that sti...
Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...
Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...
I am hoping that a CPA might respond to this post. I'm going to sell a rental house via owner financing and I'm playing around with various loan amortization schedules to settle upon loan terms where I wouldn't pay an...
Hello Investors,I have considered getting a real estate license for the sake of education by understanding the other side of the deal. I understand that with a license you save money on commissions, save the hassle of...
I understand that loans based on DSCR are a little hard to come by right now. But barring this whole crisis...
When seeking a loan that is based on DSCR rather than DTI, is there a benefit to maximizing the DSCR? If ...
Hello everyone!
We moved to the US in 2021 from Santiago, Chile (I am American and lived abroad 22+ years and my husband is Chilean, now with US residency along with our kids). We are currently rent in Napa, CA and h...
Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...
HeyWhen buying performing notes do you tend to prefer ones that have a longer period left or a short one? There are advantages to both sides, would like to hear your thoughts on the matter. For sake of discussion, I ...
Good Day,My wife and I are just getting started in real estate investing. We purchased an investment property (single family) at the end of last year an put in lots of sweat equity, it is now bringing in about $400 a ...