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How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
I recently watch a youtube video by Kris Krohn about rentals vs lease option (rent 2 own). Some things he mentioned where lease options are better than rentals.- charge higher monthly rent - tenants tend to trash the ...
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Looking to use a part of my savings to pick up an investment property and become a landlord. Let me know what you think of this property.
1000 SQFT 2Br/1Bath in Hammond, Indiana. 7133 Hohman Ave. Supposedly good re...
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Hi everyone,
I have a few general question in regards to purchasing a house or condo. I’m twenty four years of age, an avid entrepreneur, which means I don’t have a substantial amount of time to dedicate into my home...
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Hi guys - What happens if the foreclosed owner tried to redeem the property that I have bought from the lender?The property is no longer with the lender - so does he take it back from me?Does the owner pay the lender,...
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I am in the process of loaning my brother money in regards to a partnership between us to purchase rental property. I would like to have a NOTE in place at the minimum APR just so we have something on file should I wa...
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I currently have a 401(k) with my employer. It does not allow me to use the funds for the purpose of investing in real estate property. i’m very close to changing employers, and they have the ability to discontinue t...
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I know that smokers are not considered a protected class, but I was wondering where I can find more information on this. Can anyone tell me if this is stated in the Fair Housing Act? I haven't been able to find this c...
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Hi guys, was wondering if there are any issues switching over a primary residence to a rental. I currently own a place and am looking to switch it over to rental, and buy a new primary. Does this void the mortgage?...
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What’s up guys! Coming off the sidelines to hopefully get a little guidance from the community. I’m a new owner in the Cincinnati Ohio market (7,000 sq ft 4plex), and I would love a little guidance on structuring deal...