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My husband and I are looking into becoming an LP in a multi family deal in Austin as a way to use accelerated depreciation to help out on our taxes. My husband is a 1099 and I am a W2. This will be our first year with...
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We own 23 single-family homes in the area. All of the homes are located in working-class neighborhoods and we are fortunate to always have them filled at 100% occupancy. We have owned most of the homes since 2009 / ...
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l am planning to purchase 2 properties. Is it possible to take a combined loan (one loan) for both built into one loan? by that saving some loan fees and overall closing cost?
I have heard, it is not possible given t...
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Hey all,I'm seeking some advice/input to help me work out what's next for me. Some background:I got into REI to earn enough income from rentals to replace my W2. That journey started in 2016 when I bought a duplex to ...
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I am in a situation that traditional tax benefit of real estate investment is not applicable.
My wife and I want to buy a primary residence and rental properties within next 3 months and hoping to make this investme...
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Hi gurus, long time lurker and first time poster.I am considering selling my llc owned (40 percent ownership) rental property, and use fund to purchase my primary house in order minimize tax triggered on profit of the...
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How do I determine how much my deductible should be? Right now, I selected a $1,000 deductible and was wondering if I should increase this amount.
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Hi,I wanted to get some thoughts on a self serve car wash that I recently became aware of. From my analysis of the numbers it appears to be a potential solid investment. Asking $250,000. Any thoughts are appreciated.
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Hi,I have been reading into real estate investing and I am trying to learn how to calculate all the different aspects of a property when checking it out, such as Income, Expenses, Cash Flow, and CoC. Now the issue I a...
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