Holland Brown
First Investment Property...Condo or House?
I am an active-duty military member preparing to make my first-ever property purchase using my VA loan. I am looking for a property than will generate positive cash flow but it seems that Oahu (my current residence fo...
Sarah B Beggs
Increased taxes, looking for refinancing advice
I am looking for some advice, I am a newbie and don't have any experience or knowledge in this area other then what I've learned over the past year. This is regarding my first home purchase and I feel like this wou...
Patrick W.
Closing on (almost) first 5 unit property (fully occ) building
I'm closing just after the first of the year on a 5 unit building. I own a duplex currently that is my primary residence so it is easy to self manage - but this new building will be a new adventure. All units are curr...
Scott McDonald
Best legal help CPA, Tax Attorney?
I recently retired from a large municipality but continue to do contract work. I have a pension, a 401a (pre tax), a 457b (pre tax), a SEP, and cash savings. My wife has an IRA. Additionally, we are selling our pri...
Darin Tripoli
Long Term Primary Residence ~ 2400 SQFT on 3 Acres in New England
Investment Info:
Single-family residence buy & hold investment in Chepachet RI.
Purchase price: $565,000
Cash invested: $18,000
4 beds 2.5 baths 2400 sqft on 3 acres
2 car garage
half finishe...
Tara Baldauf
Taxes on profit from a live in flip
I bought a house to flip that I am using as my primary residence. I will have the renovations complete after 6 months of ownership and want to sell right away. This is my second flip (the first house I owned for 3 yea...
Joseph Gisler
Depreciation and rental income, how does one effect the other?
I am preparing to buy a single family home to live in one room and rent out the other bedrooms. A question my father brought up to me pertains to depreciation and how recognizing rental income of a primary residency e...
Account Closed
Weighing options on financing our next deal..
Hello BP!I'm active duty military, I have a 1yr old VA loan on our current home, a duplex, the loan is only in my name. We have been receiving rental income monthly for about 6 months. We're looking into buying anothe...
John Reel
Converting a primary residence into a rental.
I am in the process of converting my primary residence into a rental property. I already have tenants in place. I need to know what the next step is as far as legal contracts/policies, steps to converting a primary re...
Nicolas Houillon
how to start in canada?
Hiis there a similar website for canada ? content seems very focus on the US.Trying to start but while the reading and the theory is probably ok globally, markets are very different based on location.I am in BC and de...