The home that I currently live in needs a new driveway. I am thinking about keeping this house as a rental property and moving in the next year or so. Is there any tax advantage for me to wait and replace the driveway...
Hi Everyone,
I know there has been many threads on this 90 day flip topic but I would like to know if this deed restriction applies to buyers using a FHA loan only or anyone.
For instance, I wholesale a property to...
I was wondering what the tax benefits were of owning real estate? I know it is agreat investment, but I wonder what all the little details were. :mrgreen:
Apologies if this was covered somewhere already. I am seeing a lot of conflicting information online and didn't see a post covering this topic on this forum.
I recently purchased a mountain cabin in a location in th...
Hi All! As a newbie one topic that I’m really trying to wrap my head around is the tax benefits of owning passive real estate with a W2 job.From my understanding there are various areas where tax deductions, write off...
Curious if everyone can help me with a theory i was told today by a few friends (real estate investors) regarding buying brand new duplex over an older one that needs little renovation. Is it true new construction dup...
Situation:
Two old houses have been demolished. We have enough land for a 25-unit apartment. The costs have already accrued for the demolition and permit for the new apartment is approved. The improvement cost includ...
Hi! Currently about to close on a multi unit at 228K. Profits will be at around $100K. Would like some feedback/opinions on what strategy to go with next and pros and cons of 1031 exchange.PROS:we won't be paying th...
I have one specific, and one broad question for this community. My young family currently rents (we pay rent) part of my mother's primary residence (she lives there also). She is over 65, so she not only gets the st...
I purchased a tax lien property but I believe it is vacant. Rode pass and grass is cut. I would like to write a letter to the owner to inform them that I have a lien against their property. I would also like to write ...