Dan Wynn
Real Estate Appreciates in Value
Real estate tends to appreciate depending on the area, depending on local demand levels. These can vary substantially within even a short distance, but it can understand quite considerably over a long period if you ch...
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Neville Miranda
Investment property using HELOC or money saved in the bank
I'm looking at investing in RE property/properties like townhouse/condos for passive income. I have a property that I can tap into its equity. I also have some considerable Savings. Considering this situation, what wo...
Gerald King
help, help, help.
Ok, I went to realtor.com and found a house that is local to my area. I went and pulled some reports on the property and shows the current owner paid $10.00 for the house in 1996. Comps for the area on this type of ...
Joseph Tarallo
rentals and llc help
@darrensager I'm curious to know what most property owners do when it comes to protecting yourself and also tax purposes. I read some pros and cons for putting rentals in an LLC. The one that concerns me the most is...
John Humphries
Canadian Content - Selling strategy to avoid capital gains
Looking for some advice on a way to sell a property in Canada without taking a big capital gains hit. I purchased a rental property for $193,000 a few years ago and our market has gone up considerably since. The prope...
Brianna Wickham
Partnering on an Owner-Occupant Deal With No Legal Entity
My husband and I want to invest in our first SFR deal with a friend, but we aren't sure the best way to structure our loan (I.E: can our friend just be a cosigner on our loan instead of a co-borrower), or how to write...
Casey Adams
Landlord Insurance Advice (Memphis TN)
Hello All,I currently just closed on my first BRRRR/rental property today and I'm trying to get everything situated as quickly as possible to get rehab under way (I don't want to hold a balance on my HELOC for very lo...
Michael Morrongiello
Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?
Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike ...
David Johansen
LLC Question
I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...