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How true is no money down?, what programs are there for those buying first time but using the property as an investment?. This year I would like with my partner acquire a disstressed fourplex?. Currently doing what ...
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Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ. despite the loss each year, I have been e-filing state tax separately for GA and AZ. ...
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I am trying to calculate the cash flow "tax savings" due to depreciation for a property I am under contract for, and plan to rent out.Everywhere I read, I am told to use effective tax rate (total taxes you pay/total i...
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Hello, I want to withdrawal from my 401k to have ready for an investment opportunity.Has anyone taken a withdrawal from their 401k retirement account during this covid pandemic? Per the Care act- an individual can now...
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I was just thinking about this today as I was driving home: the federal government has implemented an evection freeze in effect until December 31, 2020 for all tenants claiming to be adversely affected by COVID-19. Th...
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Will the government shutdown affect section 8 rent payment or lease renewals in illinois (CHA or HACC). Appreciate any insight or perspective regarding this potential issue. Thanks
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When doing a 1031 exchange, I know I have to target 3 properties. I heard that I do not have to buy one of those 3, I can buy a different property not targeted, is this true?
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My tenant is always late paying rent during this Covid-19 season. I waived late fees to give them some relief. Should I serve a Pay rent or Quit notice when there pass 5 days late. Does Indianapolis band this such not...
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Capital gains taxes can take a huge bite out of a real estate investor’s profits on the sale of an investment property. This is because an individual, who has capital gains income, is subject to both federal and state...
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Hi, I opened an LLC and bought 1 house under its name 3 years ago, the house came with the tenant included. I don't need the LLC any more and would like to close it and transfer the house title to my personal name (th...