I’m selling a property right now for a long-term capital gain of ~$55,000. Am I correct in understanding that my 2019 long-term capital gains will be 0% up to $39,375 and my standard deduction (single) of $12,200 mea...
I found a 4-plex near me that cash flows well and looks like a good deal on paper however I look at the listing history and it has changed hands quite a bit recently.
-June 2016 Sold
-July 2016 Sold for same price
-A...
I am planning to buy my first duplex in Orlando before my lease is up in August but I need help/tips into completing this major goal of mine so anything would be greatly appreciated!
Made the huge mistake of listening to a sob story. Rent to 4 undergraduates with a lease that basically indicates "all for 1 run for all". Parent Co-signers. States that they are to pay with 1 check per month. 1st st...
We have a newly renovated rental property and someone has approached us with the option for them to AirBnB arbitrage it. What are the pitfalls of doing this? I have heard of it, but have not researched it extensivel...
Hi B.P.
I'm going into college soon, and I'm looking to do my first deal. I was looking to start out with a house hack (or just regular rental without me living there) near my college. Obviously, I'll be renting the ...
I have set up an LLC in Wyoming. According to various research I have done, if I want to buy a house in another state, say Virginia, I need to set up another LLC in Virginia. The WY LLC will be the member (owner) of...
I have a tenant (prospective) lease already signed for $3400.00 section 8 is saying they are only obligated to pay based on their comps $3067.00. Can I break the lease as a landlord with no penalty for tenant not bei...
Hi All, I have mortgage from WellsFargo tell me that even if I pay additional payment to principal won't decrease the mortgage payment. is this true? They said minimum payment to be adjusted has to be $20,000 and they...
Has anyone bought and used the Shred method software to pay off home mortgage quickly? How was your experience with it?