Last tenant cooked some amazing Indian food but with the spices etc the new tenant is concerned the odor may still be prevalent when they move in. Any suggestions? Will standard cleaning do the trick?
I have a family moving into one of my rentals today. We signed the lease last week and were waiting to conduct the formal walkthrough till today. I allowed them to move a few things in prior to their official move i...
Hey all, the more I learn the more I realize I know nothing! On my 3rd flip thanks to the help of this site. So, thank you for any reply!My daughter is now attending private school - 7th grade, and to my knowledge, in...
Good Morning,I thought I saw a thread here several months ago relating to what can and can't be deducted on rental properties vs. flips. Unfortunately, I cant seem to find it now.I have a home that I initially intend...
So, my husband and I purchased our home almost 3 years ago for 209k. It's BIG...4 bed, 3 bath 2600 sq ft. We don't need that much space for us and 2 daughters. The values have gone up quite a bit in our area. Similar ...
Hello – my name is Chris. I eventually would like to own real estate myself, however, at the moment I am facing some challenges to rent which is what brings me here to ask a question. I work in South Seattle, Washingt...
Hello all,
I am thinking of putting my current rental on the market, the mortgage is on my name but I added my parents and sister on the deed. My thought process being, God forbid something happens to me they can av...
Investment Info:
Single-family residence fix & flip investment in Fort Mill.
Purchase price: $450,000
Cash invested: $40,000
Sale price: $599,900
Live in flip. From $450,000-$599,900 (33%ROI)...
Hi there,Is a 1031 exchange possible in this scenario? I purchased this duplex with 20% down with the intention of living in one side and renting the other. I did that for 9 months then moved out and rented both sides...
I thinking about selling my house, We bought on Oct 15th for 324k and put 90k in it. We think we can sell for 500k. Is there a loophole for not paying capital gains tax. Does anybody have an idea what the tax would be?