We moved five years ago and have been renting out our old house that is about 8 hours away. My wife and I decided to sell it to pay off credit card debt so we could start fresh plus it’s been kind of stressful having ...
Hello, I really need an advice.Here is the story. I am in CA, at the end of last year I bought a rental house in Indianapolis. It has a tenant who is responsible for paying utilities bill. Last week I got a tax bill...
Greetings!I am currently maxing out my Roth IRA, which is phenomenal and gives me a great sense of security, but now that I am very intrigued in the RE investing community should I cut back on doing $458 a month towar...
Hello,I have a 50/50 LLC with my spouse. Obviously that LLC income flows directly onto our personal joint return. The LLC has a separate bank account to keep funds separate. The LLC money has been reinvested in anothe...
Hi everyone, I've been kicking the tires on a cash-out refinance to continue to scale for quite some time. With the recent rate cuts, I decided to jump on it a bit earlier than anticipated. This is my first refi and I...
Hi! My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental. What are some things I can do after going under contract to lower ...
Hello,
My husband and I have wanted to invest in real estate for years now and recently made the decision to purchase a new home while converting our primary residence into a rental. Since we are both 100% disabled v...
Let's hear from all the smart, intelligent property owners who automatically dismiss those with evictions on how they will be handling the 30 million people getting ready to be, if not already, evicted because they lo...
I bought a SFR in auction. Property tax bill that i see online (not yet received the papers though) is almost double the value of what i purchased for. I dont see any comparables in this area for that assessed value. ...
Hi Euclid investors,I’m in escrow on a property in Euclid. I’d love to connect with other folks that are investing there so we can connect!I have some questions about how taxes work. It seems a little bit like voodoo ...