Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....
Hey guys,I've recently learned that there are special programs for first time homebuyers (other than FHA) that I could possibly take advantage. Has anyone gone through this process in Texas and educate me on what all ...
Are haircuts tax deductible for certain businesses? Also, how would Trump carry back real estate losses after the 08 crash? Wouldn't the real estate carry back losses have to offset other capital gains but not ordinar...
Hello Everyone, my name is Morris and I have recently moved to Mobile, AL. I am new to real estate investing and I have done plenty of research, now it is time I hit the ground running. I am looking for a local Real E...
I just talked to a lender and he states that I wouldn't be able to qualify for a loan due to not having much credibility from my W2 statements.The previous two years I wasn't really working. I was in college and didn'...
I have an interesting question I hope a few folks can give me some feedback regarding. I acknowledge up front some of you may not agree with this line of thinking, or even admit it "could" happen in the future, but he...
I am looking at 2-4 unit multi-family properties, some have separate utilities, and some a mix. The mix is mostly Owner pays water/sewer/trash and gas heat, and tenant pays electric. With the same neighborhoods, the...
Is a Roth IRA only able to convert to a self directed IRA, rather than a self directed 401K? Is the checkbook option the preferred method for real estate acquisition?
Hey BP!After spending some time as Realtor in CA (2016 - 2021) and being on the fence of entering the investment side of RE (fix/flip/buyhold/STR, ETC) I've since moved to NV and taken the leap. Was fortunate to lin...
I am in Cleveland area and have turned long term rentals into notes. I was able to sell one of my notes last year when I needed to raise capital for 90% in a week. What I learned is that I was lucky, not smart and...