What are your thoughts on this? It is supposed to take start 2013.
You think this will actually go into effect?
I am in northern CA. My barber runs a cash operation and we were chatting about real estate as I was getting cut. He moved to a rental near the shop but wants to buy. He said he has $40k down but can't prove income...
I love this guy! Watch him tell Obama what's up!!
http://www.youtube.com/watch?v=zPxMZ1WdINs
WHOLESALERS, IT'S TAX TIME!!! HERE'S A TIPI know, it's lengthy, but five minutes could save you thousands . . .Working with other wholesalers to buy and/or sell investment properties is a great strategy because it all...
Many of us are in high tax states where the monthly property tax bill can be a high percentage of the rent, especially on a single family home.
Has anybody heard of property tax forgiveness if tenants don't pay and c...
Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
I recently moved out of my first house hack which was a duplex. I bought it turn key from a flipper almost 2 years ago. I moved into a single family home with my fiancé we plan to live and flip or BRRR it.. Recently m...
I'm trying to learn the best way to exit out of my VA loan. I currently have a VA loan on a 4br/2ba SFR that I am house hacking.
For the past year I have been renting out two bedrooms which covers more than half of m...