Investment Info:
Single-family residence buy & hold investment in Shelby.
La Bella Vie Cottage - Vacation Rental
Guests love our cottage. Located in a peaceful neighborhood with tree lined, meandering ro...
I plan on turning my primary home into my first rental property. Should I take out a HELOC in my primary residence before switching it to a rental? Is a HELOC only allowed from your primary? Thank you!!
Hi -
May be a stupid query - but aren't we all learning !
Since we are moving and buying house in another city - we are trying to put the present house for rent - will this house ( rental) be considered as my inve...
Hello! I have a question on using a cash out refinance with primary residences in relation to rental property Here's my situation: I have a property that I have lived in for 2+ years in which I have a significant amou...
I’m wandering if someone out there can talk to me about capital gains tax and how that would come into play when owning investment properties? Would there be a time to sell and a time to hold based on capital gains tax?
Hello,
My parents have a primary residence purchased for $45k. Recent comps in their neighborhood are in the $1 million range. Even with a exclusion of gain under Section 121 (MFJ: $500k), they are looking at over $...
Hello BP,
I just rented this house and the tenant is presenting this situation which it is just starting to develop (wasn't it suppose to be ALL passive income once rented?)....
In our contract we speci...
Investment Info:
Condo buy & hold investment.
Purchase price: $271,627
Cash invested: $109,353
Beachfront condo in Puerto Penasco, Sonora, Mexico. Beautiful 2b/2b with a view of the ocean and bea...
First timer here: My wife and I bought a house in 2015 for a great deal $123k for 2k sq ft. We finished an upstairs bonus room to make it 2600 sq ft. We now owe 105k on the house, but we aren't set on staying there lo...
Hi All - My wife and I are in process of buying our first home in NJ. Townhouse new construction in Morristown area. I'm a little concerned about tying up down payment in primary residence that could be used for buyin...