My question is:If I lived in my 2 family rental property for 2 years out of the 10 years i owned it, do I still owe depreciation recapture taxes.
I recently relocated and bought a lovely condo in Alaska. As life happens I will relocate again very soon. I knew I would be upside down and thought I may have to bring about $5000. to closing. Then this winter we exp...
Hi guys I currently have an FHA loan on my townhome that I purchased Aug 2019. I currently have a 3.5% 30 yr fixed and was looking into getting a 2.875% 30yr fixed conventional (main reason is I want to get rid of the...
Curious as to how BRRRR impacts property taxes upon completion of a rehab and refi. To clarify my question:Property is bought at $50,000 with a tax value of $60,000. Upon a successful rehab and forced appreciation, th...
http://money.cnn.com/2011/10/21/pf/america_boomtown_housing/index.htm?iid=HP_LN&hpt=hp_c2
Interesting article
I'm an investor and work with a large acquisitions brokerage in the Austin area. I've found a good amount of success so far this year utilizing the MLS and my personal seller/wholesaler network but have been looking f...
Has anyone been successful using a personal line of credit as down payment funds?
Some quick facts. This is my current residence, I have a VA loan, looking to refinance. Current servicer has been sending me notes that I can refinance at lower rate (3.875 now, current offer 2.25). Fantastic, huge s...
I have been fortunate enough to find two mentors whom each provide a wealth of information to guide me as I embark on my REI journey. One of them had a scheduled move out for this evening with new tenants scheduled to...
What is your biggest struggle in the Note business? Whether you are just getting started or have been investing in mortgage notes for decades, we all have our struggles. What are yours and what are you doing to improv...