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Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
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Hello everyone,I've been deliberating whether to purchase a vacation home, with the intention to run it as a short term rental preferably within 2-5 hours from Los Angeles where I live. I can not identify a vacation ...
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Hi everybody
I was wondering if anybody has any out of the box ideas for creating a little extra cash flow out of your rentals. For example, the apartment i just leased was a one year deal (only did it because I don...
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Hello, I'm a 36yo Physician Assistant in Ohio. Current income is around 350k between the two of us. We have 400k liquid currently. My wife and I have been collecting data and saving up our nest egg for the past severa...
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I'm in a bit of a pickle on closing right now. I was under contract for a duplex for $165K "as-is, where-is" but on the home inspection, we discovered a leaking pipe in the bathroom which was flooding the bathroom/ad...
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How to make $6250 rent a month on a condo? Here's how I did it. BANK CALLED ME and I agreed to buy a condo they were about to take back in Athens Georgia near UGA. 3 story, 5 bed, 4 bath with nearly 3000 square feet. ...
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I am looking for a 4-5 bed house in the phoenix area with an ADU for my fiance and I to live in. This househack strategy has been suggested to me considering the scarcity of cash flowing residential multifamily proper...
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I am interested in investing in vacation rentals, but I'm not sure where to begin learning. Can anyone advise on books or other information that has helped you gain knowledge in this area? Any advice or help is apprec...
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Ok, I need help. I am not the one to open up about my finances but this time, I need help. I am 37, and I have a house and a family with 3 girls. My house, I bought it last year for 530000. But I really want to be inv...