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My parents (aged 81 and 89) have 3 rental properties that now have sizable equity of approximately 1.5 million. While the equity gain is nice these properties have low cash flow. They'd like to move these assets into ...
I am closing soon on a duplex in St. Paul, MN which I intent to owner-occupy. There is already a month to month tenant in the other unit with 2 people listed on the previous lease. It’s a 2 bedroom unit and there are ...
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I'm just learning about hiring my children and the tax benefits. I think I understand how to do it, but am confused on one point. I'm reading online that we can hire a child up to the age of 22 but my CPA said 18. Can...
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So I have been looking for deals. I found one that makes money, but the homes aren't in a good area. A guy is selling 5 single family homes, for $115,000. The rents total at $3100/mo. Properties would all be 10-15...
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How do you determine whether s particular city and area has demand for section 8 rental? Some cities have very little list for section 8 rent Does this implies the cities have little demand? Tks
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According to Nolo.com, "The federal Fair Housing Acts do not expressly ban discrimination based on age. Nevertheless, it is definitely forbidden under the broader prohibition against discrimination on the basis of fam...
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Getting ready to close on my first house-hack and will be inheriting tenants. Very excited! Here's my question. I was just looking over the lease for these tenants and it only lists the adults as occupants. I know th...
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We have a recently divorced applicant wanting to rent a 2bedroom apartment. He has 2 children boy age 9 and girl age 13. He does not have the children full time but he does weekends and other random weeks.I was under ...
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I've read that a business owner can hire their children, then fund a Roth IRA for them since they have earned income. Are there any reasons this would be a bad idea?
Most discussions I found about when and how to become real estate investors come from the 18 to 25 age group. Then there are a few with the "Am I too old to start investing at somewhere between 35 to 55 age group. T...