Huong Luu
Capital gains treatment of B&H rental under personal name
Looking for some clarification on this. I was recently told by a financial adviser (who is not an active RE investor) that the capital gains on my rental property would be taxed at 100% and would not qualify for the c...
Account Closed
$500 Referral - does it work?
I'm considering putting this on the back of a business card.Has anyone had this work for them?I'm not sure how comfortable someone would feel giving a distressed homeowner a card stating that they will be earning $500...
Tanya Knickerbocker
To buy or not to buy
I am considering purchasing a property. It is zoned R3 and currently has only one house on it. That house could easily be divided into a three bedroom one bathroom apartment unit and a second unit that is one bedroom...
Hariharan Elavarasan
Paying Off Loans vs Waiting and Leveraging
I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
Jonathan Farber
What amount reserves to keep in your rental bank accounts?
Hey all, doing some financial planning this week as we are looking to add some properties. Call me old fashion, but I like the idea of having a few months PITI (Principle, interest, tax, insurance). Any good rules o...
Daniel B.
Self directed IRA allowable activity question
Hi, On self directed Iras I understand it is more about who you can invest with vs what you can invest in,And my IRA can not self deal with myself or most of my immediate family members. I have done 1 self directed I...
Nick Capriotti
Help with creative financing
Hello everyone, So im 19, with no tax returns to state my income, credit karm tells me my credit score is 673. Im looking for way to finance my first properties in order to build my bankroll to use conventional f...
Gavi Balsam
Sales on Office Buildings
Hey everyone! I appreciate any thoughts and knowledge you guys can share. I am looking into investing in a REIT trading at less than half its price from last year. The REIT was taken over by investors who have been se...
Franco Epifania
Return on investment
So its been about 4 months since I’ve purchased this 3 family and so far so good. I put 105k down & I net around 1600/month. Not sure if I calculated the ROI correctly, basically to what i would net in rental inco...
Luis Joseph Hernandez
Savings accounts checking accounts
For find purposes in flipping houses is it better to have your money all in one bank in the savings account or spread through a few other banks?