One investment property could change your life, especially if you buy the right one. Logan Koch, an investor in Pittsburgh, Pennsylvania, was buying investment properties for one specific goal: To retire his parents. ...
Good day all!
Parents have a second house, paid off, 1450 SQ ft. 4bed/2 bath. Built in the 50s renovated in the late 90s, Rents for $850. They plan to move out of the state. Appraisal @ $110,000.
1031 exchange?
Re...
Hello. I have a couple interested in renting from me that wants to bring on a 17 year old minor, who is not their's, but is "on her own" and a friend of the couples. Would this even be legal if I wished to entertain...
Last minute tax question here. I used some funds from my parent's HELOC on my investment property. Is the HELOC interest in this case deductible? Could my parents deduct it on their taxes, or would it only be on my en...
Hey BB, I am wondering what will the tax implications be if they act as the 'Hard Money Lender.' Is there a way to shelter them from the tax burden and how should I go about this any tips? Thanks.
Good afternoon BB, I ask this question yesterday but I just want some further clarification, here is what my CPA sent me in response. Please let me know what you think, thanks BB.Andrew, You could elec...
The title is basically my question but with a couple caveats. I am a beginner so bear with me but lets say couple years down the line I have a booming rental business and I have the money now where I want to buy my pa...
Hi Guys,
I am looking for some advice. My wife and I(no kids) are currently renting a place a 2 bedroom condo with 2 underground parking for $1430 and I recently I have been thinking of buying a house cause I want to...
My fiancé and I are in the process of beginning our first home buying experience. We live in a small town in Georgia.My fiancé’s parents live on a large area of land and have offered to gift us a few acres for us to b...