Hi Everyone! I sold 4 properties in 2022. The total net proceeds to me from the sales was $85K because I had loans on all 4 properties. I spoke with my CPA and he said that I would have to pay taxes on the difference ...
I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
Hello BP! As i drive around where i live, I see A LOT of the signs for "we buy houses", "my wife buys your house" "I buy cash and fast!". Are these people Wholesalers marketing? Or are these investors looking for ...
For all you potential (and current) house-hackers out there - Freddie Mac announced recently that they are expanding their lending guidelines for conventional mortgages to allow rental income from Accessory Dwelling U...
Here's a take on why people think it's easy to find profitable flips.People assume that whatever information is readily available is common. This bias skews our perception of reality. If you watched a show about flipp...
I would like to find out a more specific definition / classification of what exactly constitutes a multi-family dwelling.
The terms dup-lex, trip-lex, quad-plex, 5-unit +, apartments, etc. seem to wear many different...
Hey guys,A goal of mine is to publish a magazine targeting real estate investors in my area. I need to ask the investors here what you would like to see in a magazine targeting you.What specific data would you be look...
I'm leery of investing in turnkey C properties....too thin margin of profit....with unforseen circumstances easy to just break even; I think I'd rather buy one A/B property that can be managed from afar by ME,,even if...
The TL;DR version of the question: How should I structure a JV agreement between me (acquisition/management) and a silent partner (capital) specifically for a long-term investment in a vacation rental property? Any pa...
I'm in the market for a GNND HUD loan, which is exclusive to first responders and teachers. One caveat to know is that I can only offer the full listing price of the home, no more and no less.When my HUD-broker is sub...