Christopher Bongo
HELOC/HEL for down payment or Owner Occupy first Duplex?
Hi all,I bought my first home 2 years ago for a great deal and so my current LTV is roughly 74% on this home, valued at 225K. I'm looking at investing in a duplex or triplex in Allentown ($120-$160K) and struggling to...
Evan O'Brien
FHA Loans for condos
Hello, are FHA loans able to be used to purchase condos? Or are only specific types of loan vehicles able to be used for condo purchases? Any information that would be able to be provided would be greatly appreciated!
Chris Martinez
Hunting down VA Loan assumption??
Hey everyone! Finally took the plunge and decided to post on here. BLUF: Does anyone have any good tricks to find properties that have VA/assumable loans? I've tried searching "loan" "assumption" or "VA" on Zillow w...
Alex Pinto
Qualifying for a VA loan as a reservist
My main concern is in regards to my 2 year work historyI’ve been a union carpenter since Jan 2018I’ve been in the military since June 2017I been constantly going back and forth between civilian and military work but ...
Julio Gonzalez
Important Tax Update on Inflation Reduction Act and Real Estate!
Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...
Joshua Dorkin
Bush Changes Mind on Housing Bill: To Become Law This Week
Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...
Saar Amit
Tax Implications of Holding Period for Property Flip in Florida
Hi everyone,
I have a few questions regarding the tax implications of flipping a property in Florida:
1. What are the differences in tax rates if I hold the property for less than one year versus more than one year?...
Rj Sayler
Single Family Fiscal Year 2023 Capitalizing vs Deducting
Looking for a little help on the schedule E for Fiscal Year 2023. I and a partner are trying to figure out this best way to handle taxes for 2023. 3 units are being renovated currently, how do we know what cost should...
La'Terrius Campbell
What is a SBA Loan, and have you used one?
Why would you implements a SBA Loan on a investment property? Can anyone tell a time they have used one, and what the deal looked like?
Melissa Koon
No Itemized Invoice De Minimis Safe Harbor
I have a rental home and had the HVAC and water heater replaced last year. The furnace stopped working and was in need of costly repairs that would likely only prolong a replacement. Since they were already replacing ...