Woojin Joo
how to calculated expected tax savings with first property?
How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...
Justin Ash
Failing to plan is planning to fail...
Fact.The US government is totally bankrupt, Social Security is running out of money, and that the Federal Reserve is rapidly engineering its own insolvency.How do we find value to soften the impact?How do we make bett...
Corey Demuth
landlord taxes - help me understand the benefits please!
I keep reading about how there are so many benefits to being a landlord, because you can reduce your income taxes and such...
Can anyone please explain how it works? Like a basic overview? I have heard people talk ab...
Rudy Manna
Looking to buy rental in Tacoma, wa
I am from Seattle are and just got my first rental on market. Here on, I am looking to build a solid buy and hold rental portfolio.I was thinking of buying a SFH in 100k range in Tacoma area. Tacoma has some of the lo...
Evan O'Brien
Calcualating Rental Income from STR’s
When you’re calculating the potential rental income for a STR property is there a specific approach to take? Recently I’ve tried estimating daily rates to charge for STR’s using the enemy method (estimating the daily ...
Lucas Allmon
LA house hack and equity vs holding out for the deal
👋 I live in LA and I know this market is a different beast. Currently I live in a great location with a a low market rental price, but I am renting. My wife and I are starting to dig around for deals, though it seems ...
Julien Jeannot
Best type of Property to House Hack for first time home buyers - Duplexes?
Curious on your opinions.
I've started my journey in the expensive Seattle market and found house hacking a duplex gave me a tremendous boost as my first property.
The top 10 advantages that played out quite well:
...
Felix Stone
LLC rental account or personal rental acct for general expenses
Hi All - Unfortunately I have lost trust in my CPA after reviewing my latest tax returns(they missed major expenses that I had to call out) so resorting to this community for learning and knowledge while I also look f...
Julian Riezgo
Moving to another House Hack
I heard on a YouTube video that in order for you to move out of your 1st house hack after you've lived in it for a year, you need to have 25% equity in the house for you to move on to another house hack. Is this true?...
Jared Schofield
Beginner trying to get started
I’m wanting to get started in real estate. I’ve found a duplex in my area that I would like to house hack. Its the closest me to my budget. But it would not cashflow. It would on the other hand cut my living expenses ...