What is PMI? PMI, or private mortgage insurance, is a lender's protection in the event that you default on your primary mortgage leading to foreclosu...
I am a first time home buyer trying to start my real estate portfolio. My goal this year is to buy a rental property that I can lease as soon as I close or after some minor repairs. I am open to single family homes an...
Hi guys,
Had a few questions regarding recapture tax and was hoping someone could help.
1) Recapture tax is a federal rule/law and not at the state level correct?
2) Will you owe recapture tax whe...
Securing a duplex and house hacking one side. Each side is 3/2.5. Would it be wise to install a RING doorbell to monitor who goes in and out of the unit since I would be renting out by room? (renting out by room would...
My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
Hey everyone! My wife and I are planning on buying our next primary residence and converting our current primary residence to a LTR. We will be developing a lease agreement to have the ability to purchase our new prim...
“More valuable homes are likely to cash flow less, if at all, than lower value homes”I hear this repeated a lot and haven’t yet heard or found the explanation. I assumed that more valuable homes would simply have much...
Helloall, I am looking at the Idea of selling our primary residence and buying our first investment property . we bought our house 4/2 2 years ago for $179,000 the house is 3 blocks from a (local university)We owned $...
Hi my name is Dominick Stogner and I am very new to the real estate game. I hear a lot of talk about a 1031 exchange. So my first question is "what and how do you use a 1031?". And also one day down the road I want to...
I have been listening to most of the podcasts and I keep hearing that most of the investors say they have exhausted the way to get a traditional loan, What is the maximum amount? Can you ever max out a portfolio l...