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Hi BP! I'm in the process of looking for a MFH to house hack. I've been house hacking a SFH for the last 2-1/2 years. I didn't know much about REI and thought it was my "starter home." Now that I want out, the numbers...
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I am trying to open a veterans group home in the state of Michigan and wanted to use my house that is paid off already. I just started an LLC for the business and was hoping that I could list the home under my new L...
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Hello Everyone.I had 30,000 in a Roth IRA. I would like to use it to purchase rental property. I already own a home so I can't use it for first time homeowner purchase. What are the tax implications for taking money o...
Hi folks,I'm trying to help locate an appropriate financial planning/analyst resource. Someone with experience analyzing and making recommendations re: existing investment property portfolio... and making adjustments/...
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So a friend I worked with flips homes on the side and this year is on path to make 750k (legit money esp for a side gig) and he told me one of the best ways to build up income for someone with limited capital is to bu...
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I have a house in good neighborhood. I can sell it or rent it easily.Is it better to sell it or rent it.The house appreciated about 70k in 4 years and about 30k principal reduction which a total of 100k..If I rent it ...
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I just bought a house 1100 sq ft in February with the intention in living in it. A larger house came on the market(that better serves my families needs) recently with a couple we know that was for sale by owner. I als...
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Does anyone recommend a good book about real estate tax law? I want to at least have a basic overall understanding of it before getting into the details.
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Much of this thread is repost of parts of other threads and blogs from a year ago. I"ve been continually asked about this subject and there are lots of newbies on BP that may benefit from this.
I want - to start wit...