Hi everyone, question around tax deductions for investment properties. We purchased our first investment property last year and just met with our accountant to file our taxes. He informed us we cannot deduct any of ...
Hey there,I have been diving into real estate and learning a lot and prepping myself over the past few months. I went from not knowing how to even begin talking or let alone knowing how to go about purchasing a home t...
hey i just want to know where is the most profitable area to start this short term rental business. I know some one who is renting out apartments and condos, and putting them up online for air bnb. Is this the most o...
Hello, (Not Selling a product, simply need advice) This is my first official post on this forum. I have posted this same question on another forum as well. I wanted to get started early with my questions and not wast...
I'm discussing the purchase of eight properties with a retired owner. He sold a couple of his last year and one of his biggest concerns is not paying more taxes. He also wants around 180 k to pay off existing debt an...
Hey everyone Bill here!I am 29 years old and have been in the US Army for almost 8 years now currently stationed at Ft. Bragg, NC. I am looking to buy my first ever property and house-hack it using a VA loan in and ar...
Is there a way to fully realize mortgage interest deductions on several investment properties? Our current principals on our properties are over the $750k limit so we could not deduct all of the interest paid? Will mo...
I want to start a buying group, where I go out and find the deals and I get people to put up the money. We rent it out and I have the same or equal amount of ownership of the person who puts up the money. I would take...
Hello,
I am currently reading the book The Millionaire Real Estate Investor and came across what Gary Keller calls "Story of Investor # 34".
Synopsis of story:
Investor #34 started investing by buyin...
It seems that many communities in Southern California have been moving to cap the number of STRs in a given city and Palm Springs may be jumping on that bandwagon. They already have a cap on the number of total yearly...