Joe Wood
inherited IRA question
Hey everyone,Tax question regarding an inherited, traditional IRA.I am a non-spouse beneficiary which was listed in the will of the deceased. Therefore, it does not have to go through the estate and probate period.My ...
Casey Wheaton
Advice on land with septic constraints
I recently purchased a duplex on a quarter acre of land with city water and septic. I initially wanted to build another duplex on the land but due to septic constraints, I can't. What are some other things I can do wi...
John Public
Car wash businesses
Recently I have been looking at commercial properties as well as 16+ multi-unit apartment buildings as an investment possibility. As I was looking on loopnet for pure commercial I have been noticing that there seem t...
Khurram Mirza
Refinance primary home to invest
Hi guys, wanted to know some thoughts on raising cash for a down payment for a rental by refinancing my primary residence. This is a strategy that is not discussed often compared to using HELOC. Is it because of tax t...
Mat O'Grady
Flippers! What would you do with this space?
Hello Everyone, I am working on my first flip and my wife and I are trying to figure out how to design the new kitchen. There is a wall between the kitchen in the dining room that is not load bearing so we would be ab...
Thomas Dorwin
Sell your house at a loss or make it a rental?
I have a young friend, lets call him "Matt" who owns a 4 BR 2.5 BA in a northern VA city just outside Washington, DC. Matt listed the house with an agent asking $439,000 and hopes to sell it at $430,000. He is upsid...
Fredrick Hock
Condo Insurance: is it necessary?
Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...
Gwen St. Pierre
Continue to rent or sell sooner to claim 121 exclusion?
Hi - I have a rental that I lived in from July 2012-July 2015, it has been rented since then. We are looking for new tenants to move in on 8/1/2017. My question is, if we have tenants in there until the end of 8/2018 ...
Brady Lucero
Capital Gains + State & Federal???
I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, mad...
Walt Viera
New Member starting late with little
Hello,
I am new to Real Estate investing. Starting out with very little and very late in life, but starting none the less.
Looking forward to learning as much as I can with as few mistakes as possible, although not ...