Craig Bellon
Trying to purchase 3rd home and Schedule E question
I'd like to purchase a third home as my primary residence. I have two other properties, (A) and (B), already rented out. Property (A) rented out in 2014 and property (B) was rented out in August of 2016. On my 2014...
Jocelyn Canfield
legality/fairness of higher real estate taxes for investor owned
My son recently moved to South Carolina and I was looking to buy a long term rental property in his area but discovered that the real estate property tax is TRIPLE for non owner-occupied homes. How is this even legal?...
Ty Hines
federal tax credit for lease purchase
Here in Georgia I have read several advertisements that claim that the purchaser of their home through lease purchase can qualify for the $8000 tax credit. Is this correct. Any comments
Danielle G.
Introduction and Feedback Welcomed!
Hi! After some major life changes, I have plunged head-first into REI. I went to a couple of local workshops and decided that buying and flipping was too big of a place for me to begin (maybe in the future, I'm not ru...
Michael Gunther
Tax deed auction sales and existing mortgages
Do existing mortgages get removed from a property that is sold at a tax deed sale in California? TLDR: All my research seems to indicate that an existing mortgage would be removed. However, I asked Chat GPT this que...
Chelsy S.
Louisiana Investors-- Look out for these points on the ballot Nov 4 !
I'm not a politician nor big on even discussing politics... I'm just a newbie in this industry trying to learn as much as I can before my first purchase. To get on with my point, today I was researching some things an...
Austin Davis
Computer/Operating system recommendations please.
Good morning!I am in the market for a new personal/business computer that I would use for email, bigger pockets and to hold my tax information.I like the idea of the 2-in-one laptop/tablet, but since technology has ch...
David Kay
Advice on $230k Duplex
Can someone walk me through how to correctly gauge cashflow on this property?
Cost: $230,000
Taxes: $7100/year
Rents Collected: $2400/month
Assume mortgage/tax payment is $1800/month for debt service.
Is this a go...
Angie Hills
Urgent - Capital Gaims question
Hi all - I have a question about capital gains. We are in the middle of modification of Child support - meeting with both parties this afternoon. My question is -
Does anyone know how capital gains is figured in gr...
Lee Common
Fundimental changes in the US economy
Disclaimer this is only an idea I had a few months ago, but would like to know what you folks think.
The way I see it we pay taxes the $$ we pay is just spent as a matter of fact more $$ is being spent than we have. ...