What can I do if I did not claim depreciation on some years of my rental property ownership?Is there ever any benefit to not claiming depreciation?If I plan to own a property very long term, would it be more beneficia...
I'm trying to study as much as possible and obtain as much literature before i jump out into the field. I have a huge collection of courses, so i'm wondering if anybody is interested in trading courses with me? If so...
I understand it is not required to have a real estate license in order to be a real estate investor, but I am wondering how many folks do have their license and whether they find it beneficial. Thank you! My husband a...
Hey!Bought a house in Cash - 152k. We put 17k into it. We have 2 options currently:Rent the property for $2,050 / month and cash flow $519 / mo orSell the house for 230k and we hold the paper at 6.5% for 3 years. Ball...
Everywhere you look you see articles raving about ‘Micro Homes’. 10,000 Baby Boomers retire every day in the US. There is a growing appetite to spurn the ‘McMansion’ and embrace tiny homes.It’s big news when someone c...
we just filed our taxes and i have been going to her since i started working as a registered nurse, she helped in advising me with deductions that i was able to take, but as i have planned to purchase more rental prop...
Hello Everybody, I'm new to the forum so please excuse any accidental breaches of posting etiquette. I am an aspiring investor in the northwest suburbs of Chicago and a professional and business owner in the residenti...
Is there an advantage of building a relationship with a lender in terms of better rates and service as you grow a prove yourself? Or is it just a numbers game so you might as well shop every deal for the best rates? L...
I am representing a client with a gas station for sale in CA - the sellers have a potential buyer that they want to do a deal with. It is both the real property and the business that are to be sold. There is one major...
I'll set the context of my question: I am 27 yr old self-employed individual with no IRA or 401K currently in place.I've heard self-directed IRA's explained and I can definitely see the benefit to someone who already ...