I just read a post where someone said you may have to pay SET on income from flips. Is that true?
I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...
My husband's and my goal is to eventually use rental income as our retirement income. We currently have one rental home and are looking to have ~10 within the next 20 years. So the question is...what is the benefit of...
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?
While the 5% “risk free” Tbills looks attractive………….
It also at least partially assumes an investor can time the bottom of the real estate market.
Perhaps one CAN time the market……….
I went to Colgate University...
I love the idea of buying rental properties in a more landlord-friendly area, but the idea of managing a rental property from afar is terrifying. I would love to hear people's experiences with doing this and how it ha...
When it comes to lowering mortgage payments and increasing your cash flow on an existing investment property, chances are you’re probably thinking about refinancing your loan and getting yourself into a brand new 30 y...
Ok, so I have a house I owned before we got married which was inherited from my grandparents, the house I grew up in. I still have my Homestead on it. We were married last year & he didn't want to stay there. I ha...
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...