Hey!
Last month, my wife and I purchased a fantastic duplex in Madison, WI, for $400,000 using an FHA loan. Our plan was to do the traditional house-hack, but things haven’t gone as planned.
During some self-testing...
I signed a lease with a new renter (we will call them renter B) because the current renter (renter A) was moving out early and breaking his lease at the end of the month for work. Renter B gave me their deposit and si...
Newbie here, I've been looking for years at getting started but never pulled the trigger. My current situation is this, my oldest son is autistic and we are trying to prepare ourselves to care for him our entire liv...
Hello all, I have a prospective tenant for a rent by room strategy, we're in initial stages (he hasn't officially filled out the application to verify his credit score) and he is letting me know he filed bankruptcy in...
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
Hello,
My name is Nick. To make a really long story short, I have just completed a Short-Sale of a single-family home a business partner and I built in Horseshoe Bay, Texas, right outside of Austin, Texas.
Our Opera...
Hi Guys,I have a tenant that has an interest in purchasing my home that they are currently renting from me. Their credit isn't up to par to get a traditional mortgage and wanted to know if I would owner finance them....
Hey Everyone!My name is Anthony and I'm currently a UI Developer working in Ridgewood, NJ and living in Pearl River, NY. I'm a huge NFL fan, and I even host a fantasy football podcast, as well as write, for TheFantasy...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...