Rich Dooley
Depreciation offsetting tax penalties for IRA withdrawal
I'm looking to invest in MF through some crowdfunding platforms. I want to take some dollars out of my IRA to do so (not doing this in a SDIRA, I have a debt investment through that). I was wondering if the tax benefi...
Baze M.
New Market Tax Credit
Is anyone familiar with the New Market Tax Credit program? If so, what has been your experience?
Chris Baxter
New Brunswick joins the list of provinces with rent control
The conservative majority government of NB just instituted rent control in their budget. 3.8% retroactive to January 1, 2022.... So any landlords that have already served notice of increase (I had respectable increas...
Sathya Ram
Did my local tax office hack me?
I was living in my house for 5 years. Due to a new job, I moved to a new city in July. My tenant's lease started July 26th 2023. I got a letter from my county tax person on Sept 13 (see below). I don't understand how ...
Marco Werner
Napkin math - house hacking investment
Hi friends, was wondering if anybody here built a simple Excel to do back of the envelope on a house hacking investment? including all the basic elements that drive value, e.g., - reduction in tax liability on rental ...
Jordan Cortese
New Construction, good or bad?
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
Justin Hicks
Purchase Analysis ??
Possibly can get a quadplex and duplex for $220k,, gross revenues a month are $2,686,, Property taxes are around $3,200 a year, insurance at $2,000 a year,,, possibly would get property managed at 8%,,, no deferred ma...
Veronica Thomas
Tax credit for historic building
Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...
Ryan Thomson
How to Find Tenants for Your House Hack
Not being able to find tenants is one of the biggest beginning house hackers have when they first get started. We will guide you through the process of reducing risks and saving time in your quest to find the perfect ...
Mark S.
4 Unit Foreclosure
Hey Everyone,
I came across a 4 unit building that's a foreclosure, listed for just under $175,000. It appears each unit is 1,125 sq ft, 2BR/1.5BA. There is no information on rents, current occupancy, etc...