Greetings my name is Gail Boucher. I 70 y.o. and own a 3 family which im sick of being a landlady. I bought the house for 230 in 2007 and its worth 600 now. I dont want to buy another rental obviously but i want to av...
Hey all! After listening to the last episode about bonus depreciation, it left me thinking about my home I recently converted form primary to rental. In the episode it was said that bonus depreciation had to be taken ...
Hey!I recently purchased my first property, a 3 bed/3 bath zero lot line (shares a wall with another house but no HOA) in Nashville. I’m fixing it up and planning on renting it. I’m self employed, and had a co-signer ...
I was wondering if anyone has come up with a successful agreement that aligns the interests of the owner and general contractor. I was looking to "partner" with a GC to work on some rehab deals. I want to set-up a s...
So question - If you were getting a new credit card(s), which one(s) and why? Not interested in miles so much. Some points would be ok if they were significant enough. Just to use and pay off monthly. A friend of min...
I bought a restaurant building in March of this year. The building is around 10 years old. I used 1031 exchange to buy this as a replacement property - sold the original in Dec last year. My question is, do I have any...
Does anyone have experience and/or success with increasing the selling agent's commission to 4% and keeping the 'standard' listing commission at 3%? Assume the house is priced in line with recent, similar comps. Tha...
I have two STRs I purchased in 2022. Due to changes in my life, I'm looking to sell and 1031 into LTRs. I did bonus depreciation on both properties Will I need to worry about paying the taxes back if I 1031 into LTRs?
I've already lined up a property to purchase in 2025 for roughly $450,000. I am a full time real estate professional and my spouse as a state employee W2 paid job. I plan to keep this property for the long run and am ...
hi,
Long time reader, first time writer. I'm a 41 year old white collar employee that still has some student debt. Over the last 10 years my wife and I have bought, fixed up, and rented out 4 small houses. We...