Tami Goodrich
Pay Uncle Sam, or use $$ for a down payment.
Investment Info:
Condo buy & hold investment.
Purchase price: $275,000
Cash invested: $68,750
When my husband sold his company in the latter part of 2022, we were facing a large tax liability whi...
Kumar Gaurav
Book to understand depreciation
HelloI would like to thoroughly understand depreciation from a CPA's view point.Are there any great books and resources for this? Appreciate your inputs.Thanks
Kristi B Leonard
Experiences working with PCH (Preferred Corporate Housing)?
Hi all, Received a general lead in Furnished Finder this morning, MTR for construction crews through PCH (Preferred Corporate Housing). Company seems legit from what I can find online, but I can't seem to find any sp...
Johnson Yu
2021 Opportunities in Cleveland?! 👌Research Included
Howdy Folks! I was doing some DD on Cleveland, OH and concluded that it might be a great market to enter in 2021 for cashflow & appreciation, due to a couple of things: What do you guys think?
Marco:
- Heath Sec...
Jakob Kegel
2nd mortgage forclosure
I recently bought a property at auction where the 2nd mortgage foreclosed on it. The 1st mortgage seems to be current. I normally only buy houses where 1st mortgage is foreclosing so this is a first for me. Any sugges...
Walchli Donna
Yay or Nay: "Accelerated/Velocity Banking" and 1st Position HELOC to Scale Portfolio
Anyone have experience with this alternative creative financing vehicle? The idea is intriguing, but online research has yielded conflicting opinions and "pay to play membership plans; can't get a straight answer whe...
Account Closed
Underwater Foreclosure If Payments are Up to Date
Can a lender typically foreclose on a single mortgage property when it goes underwater, if the payments are kept up to date? In this example, lets say the mortgage is for $500K and the property was $700K and is now wo...
Benjamin Allison
Cash out refinance to buy second property
My wife and I are house hacking a duplex and we are ready to move to the next property. Can we do a cash out refinance to purchase the next property, to live in, if the duplex is currently our primary residence? We ha...
Andrew Goodwin
Multiple HELOCs multiple homes
My wife and I are about to purchase a fully occupied 3 flat. We also currently live in a SFH which is lien free, and a condo that is used as a rental property which has a mortgage.The question we have is... we'd like ...
Adam David Graning
Can I cost seg an Airbnb that closes on Dec 29?
Hello everyone. So I’m closing an STR property on Dec 29th. I know it needs to be placed into service in the year you claim accelerated depreciation. Does that mean I need bookings 2022, or do I just need to list it i...