Michelle R.
Advice: Parents want out of rental. Cash out killing our taxes.
Help,We have owned a rental property with my parents for 10 years and they decided they wanted out. We originally agreed to pay them $25,000 a year over four years, BUT they played hardball when the market went up in ...
Curtis Hallenbeck
401k Withdrawal Penalty free upto $100k
Just found out I could take up to $100k withdrawal from my 401k without the 10% early withdrawal fee. Anyone else taking advantage of this opportunity? I see it as a great way to get started on my first BRRRR.
DJ Cummins
any buyers looking at the Illinois side of St. Louis? Madison Co.
We have a 4 plex in a good safe area for sale, but we havent had a ton of interest. It has been listed for a month, and has been shown 3 times in the past 2 weeks but no "real" offers. Has anyone noticed the Sales m...
Owen Dashner
Omaha Opportunity Zones
I am curious to hear what (if any) impact the Opportunity Zone legislation has had for investors in the Omaha market. Has the zone mapping changed your targeted areas for new investments? Are owners of property in t...
Bette Hochberger
Understanding Real Estate Taxes: Key Points to Know
Are you a new homeowner or investor navigating the maze of real estate taxes? Let's break it down together! Real estate taxes vary depending on location and property type, but they typically fund local services like s...
Account Closed
Monthly profit on first investment - What to do with it?
I purchased a home with cash last month. I did a little clean up and now renting it out. I'm generating a nice monthly profit after all insurance, fees, taxes, upkeep, etc. I'd like to save this profit and put it ...
Joe Delgado
Low Cash Flow Expensive Areas - Is this cashflow enough?
Can some of you investors in extremely competitive and expensive markets help me understand how you are valuing a deal when cash flow is so low? I'm looking at 2 different duplex properties, one in NY, and one in CT....
Vid Sista
Do apartments and new construction impact STR viability?
I'm looking at my first STR in an area that is growing, with a LOT of new construction and new apartment buildings. Does this type of rapid growth in housing options have any negative impact on STRs?
Paul Johnson
Tax, Accounting with BRRRR strategies
How should cash from spending on rehab doing the BRRRR strategy be deemed as for tax purposes?Is cash from Lender after seasoning considered Income? Tax time is around the corner and need to know this information. t...
Adam Aschoff
Should I take out 401k to use in real estate?
With now being able to take out money penalty free from a 401k and where the market is currently, would taking the money out now and saving it for investing in real estate be a smarter move long term? Especially with ...