Som Jafari
Not able to write off repairs
Hi everyone, I filled my taxes jointly for the first time.
Tax guy said I can't write off any repairs/upgrades because my wife and I W2 income is over $150,000.
Is this correct?!
Christopher Beasley
Should you buy and hold even if it doesn't generate cashflow?
I am using my VA loan to purchase my first 2 properties. I'll be using my whole entitlement of $675k (based on my location), so one house will be 320K and the second will be about $320K. I plan on buying the first thi...
Shane Haas
Buying a forclosure cash with help from parents, then financing. Any complications?
Looking at purchasing a foreclosure cash (with help from parents), and then financing the home shortly after renovations are made. 3 questions: Are their issues with them giving me funds to assist with purchase? Will...
Joe Kelly
Newbie from peterborough, ontario
Hey everyone, a friend got me interested in real estate and set me up with the bp podcasts. It has been very educational has made me really interested in passive buy and hold rentals. I am a tradesman so I have a lot ...
Har Dev Singh Khalsa
Debt as leverage or debt as slavery?
Howdy everyone, I’m new to the forum so please forgive any mistakes I am making here. My goal is financial freedom to travel and teach yoga and meditation to as many people and places as possible. I am a mortgage advi...
Frank S.
Any other Blogeheads lurking this forum?
I learned a lot thanks to the Bogleheads. Are there any other ones here exploring diversification?
Terry Royce
Notes?
I figured I would place this here instead of a more specific topic, since its more of an overview question.
I came across a seller who has a note for $37k he picked up for $0. He wants $5k for it and is liquidating ...
John Conner
Financing advice with an interesting situation
Hey guys,I am looking to start buying and flipping houses with 2 friends but I am in a unique situation. I am in the middle of buying a house with my GF that we plan on rehabbing over the next 2 years and selling it. ...
Kyle Engle
[San Diego] 1st Time Home Purchase: SF or Multi-Unit?
My wife and I are looking to make our first home purchase in San Diego and would prefer to invest in an owner-occupied multi-unit building. We found a recent property that we could live in, but not be cashflow positiv...
Marqus R. Jackson
Ideas to invest and or leverage $100,000.00 cash in real estate
I'm just wrapping up on my first flip. I should yield a little more than $100,000.00 and I want to reinvest back into another real estate deal. What type of deals should I be looking for and is it too early to think...