I recently got approved for two loans totaling $48k. I was thinking of using about $30k to pay off my car loan, credit cards, renovate current home (putting up for rent next year) . Then I would use the rest to try an...
Are you torn between flipping properties for a quick profit and investing in long-term rental properties? In this blog post, we emphasize the significance of selecting the right property investment strategy. Whether y...
Similar to like Airbnb / short term rental, are there more options related to real estate investment, which can help with tax deduction (i.e w2 income ) what other strategies helping you ? (not looking for passive ...
Hi Everyone,
I have seen some similar posts relating to the topic, but none seem to fit the purpose of what I am looking for.
Essentially, I am thinking of purchasing a multi-family property under an FHA mortgage,...
My husband and I have found the ultimate hack for living essentially rent free in LA, but our Instagram worthy stuff is sitting useless in a storage unit and I don't want to sell it. I would love to find someone with...
Hi Guys,I'm planning on incorporating a single-owner real estate holding LLC in Delaware/Nevada this year and am wondering what the tax advantages are of doing so. The LLC will focus exclusively on residential multi-f...
Newbie questions here; would just like some clarity if possible. My wife and I were discussing our finances and we included house hacking in the discussion. I was telling her about the owner occupied loan, living in o...
Investment Info:
Single-family residence fix & flip investment in Big Bear.
Purchase price: $166,000
Cash invested: $30,000
Located in 4 season tourist town, close to ski resorts, shopping and re...
Hello all,I'm just getting into real estate, and I was hoping you well educated people could help me make up my mind about something. I'm currently paying rent ($700 monthly), and I'm looking to buy a house. The choic...
Can anyone provide some insight on commercial property and depreciation? It is my understanding that commercial property (i.e. A warehouse) is depreciated over 39 years.
This longer life would negate some of the ta...