Account Closed
ADU- LA County incorporated
Hello friends, anyone run into this scenario. Just purchased a SFR in La Verne, CA. I have a legally built and permitted detached garage in LA County which meets all specs for ADU per zoning, fire, setbacks etc.
T...
Rick Albert
Taking a 5 Unit to a 4 Unit
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
Brian Walters
Real estate with W2
Hello everyone,My wife and I are going to be starting new jobs. We are in our 20's and we will both be W2. We will be very far into the 39.6% federal level. We were interested in real estate investing to help offset t...
Mark G.
Transfer Home Tax Basis from Parent to Child - California Prop 58
Does anyone have experience with parent to child real estate transfers in CA? I understand there is a mechanism that allows a child to buy a home from their parents and retain the original real estate tax basis under ...
Sammy Brooks
Sell or cash-out refi?
Newby here. I find myself in an envious position, and was hoping to get some seasoned feedback on what to do. I have a house that I bought for my parents years ago in NC (3bed/2bath). The mortgage was for 100K, with 1...
Aaron K.
140,000ft Industrial - Dilapidated But Cheap - What Would You Do?
Here's a what-would-you-do scenario. There's an ex-manufacturing property near me that is for sale. It sits on 25 acres near a small town of 9000 people. It sits away from other industrial areas, and consists of 14...
Gavin Wynn
Taxes/ question for accounants
Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses). I am converting this back to a duplex...
Cedric Edwards
Hard Money Lender qualifiers
I'm new to real estate investing and my main purpose for getting involve is having a cash flowing stream of income that will eventually replace my current 9-5. My question is with me being new, how successful would I ...
Joe Guz
first flip....well kind of
i am looking into a flip in a very trendy area of town where new lofts are being built...its a huge house 5k sq ft, and a storefront. i can get the property for 85k and it needs 35k in renovations. it has three 1200...
John Anderson
FHA residency rules post COVID
Hi all,
Small question regarding FHA residency rules. I am planning on purchasing a home using a FHA loan near my parents, and looking for a job that allows me to work remotely full-time. My parents currently live ab...