A friend of mine is trying to figure out what is a better long term strategy. Have the main home on the property lived in by family and let friends live in the very small garage/room in the back. (typical California h...
Ive asked this question a bunch of times, and get very different answers (from people I meet). We both know when we buy our first (or first couple) properties, they will have to be in our names. My question is, h...
We have been debating whether to jump into real estate and deal with tenants and all the other nuisances that comes with property ownership, when we have been happy making 20% in the stock market (and that's last year...
Hi everyone and thank you for taking your time to help. What are the differences if any to Airbnb Write offs and tax benefits compared to traditional rental or small multifamily rental properties? Depreciation, cost s...
Hey guys, I am getting ready to start my first flip here in a few months. I've been seeing a lot of stuff about people saying you should get your real estate license, and some say it's not required. Correct me if i'm ...
Hello,My name is Dane. I am a 23 year old veteran and business student at the University of Southern Maine with a concentration in entrepreneurship. I co own and manage my first of many rental properties in Biddeford,...
I Own and live in a SFR with an ADU(auxiliary dwelling unit) in portland or. the Adu I rent out and have been using a 70/30 breakdown for the valuation of the property for depreciation & tax purposes( based on sq ...
Tax related question on the Capital Gains Exclusion.- I purchased my first primary home in Feb ‘17.- I lived in the house until July ‘19 (total 2yrs 5months)- It has been a Rental from July ‘19 to now. - Roughly $250k...
Ever find a twenty dollar bill hiding in a pocket? It’s a nice feeling, right? Now imagine finding an extra $100,000 in your account. That’s where I found myself today. Here’s the story.
I’m an investor and a real e...