Hi All, I do photography as a hobby but also use it to photograph all of my rentals (4 now) I recently bought a new camera, and I was wondering if that can be deducted entirely, part of it, or any of it. I am also pla...
Isn't there a way to own property out of state that I could use as an Airbnb or VRBO or HomeAway program? After that's established in theory couldn't I utilize credit cards that offer frequent flyer miles to then be a...
Hey All.
I'm ready to invest in Miami rental properties. I have decided to do this through an LLC. Do you know any good CPAs in Miami who can establish the LLC, EIN and do accounting for the LLC moving forward?
Not...
If I’m buying a STR property now, what do I have to keep in mind if I also plan on buying a primary residence next year? I’m assuming you look at a rental track record for the investment property, but that’s not stead...
If I purchased a multi-family property in 2018 and my wife establishes REP status this year (2024), can I benefit from doing a cost seg on that property. I never did a cost seg in the past. I have been paying a lot of...
Hello! Z.H. here, new to the blog and webpage in general. I have recently started reading books on the trade and am interested in things that you wish you would have known in the first stages of RE investing. Lets go ...
Hello guys! I am a 34 year old woman in Ohio pending a divorce and will have about $100k to start over and rebuild when the dust is settled in a few months. I've dabbled in several investment types with limited succes...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $10,000
Charming well-maintained single story home on large .23 Acre lot in the highly soug...
I want to establish a 1 year 3 year 5 year 10 year plan, and just curious to hear what everyone's goals were/are for financial freedom -- what was that "magic number" you wanted to achieve for monthly cashflow and how...
We found a house we’d like to purchase to rent but we’re not confident that we could get top rent in its current condition. Regardless it could be ready and available to rent by year end. Can we cost seg and take bonu...