How can you do a 15 year loan to ensure your home is paid off in the 15 years? Higher interest rate and/or more money down?
I'm trying to understand the tax implications of investing in discounted real estate notes. I've heard a couple of differing opinions about how to calculate what is taxable income, but I'm curious to hear from some CP...
Wondering if the strategy is to do interest only loans on commercial multifamily buildings? Principal payments aren’t going to be tax deductible. Or are you just happy your tenants paid like 90k of principal and all y...
Good afternoon everyone! So in my self-education on notes, of course learning about that the interest portion of payments are taxes as normal income (assuming no self-directed IRA situation). Is there any strategy t...
Hello all. We are in the process of purchasing another personal home and turning our current home in to a rental. I have heard in the past about a strategy where you send in a separate monthly payment for principle ...
After a strong case of “mommy guilt” working as an assistant principal, pregnant with her second child, Deba Douglas knew she needed a way out of the rat race. A run-in with Rich Dad Poor Dad prompted her to begin sav...
I'm looking into a Fannie/Freddie commercial mortgage for a new purchase and have been speaking with an agency lender and a commercial mortgage broker. I received different information from both regarding required own...
Curious about realistic expectations for outcome of a performing note. Example - A note modified a year ago to lower payment and get borrower making regular payments again. New 15 year amortization at 10% and approx 1...
Just like many of you here, eventually I would like to own several properties and eventually be able to live off of them. One of the things that I have been told is to make sure I do not touch my principal. Can someon...
Hello,
I have a question about the sale of a property and the principal residence exclusion principle of the TaxpayerRelief Act of 1997. How does this apply to someone living in a four unit or less property and has b...