Dear all,What's the definitive answer - and preferably pointer to authoritative resource - regarding deductability of interest on HELOC with the passage of new Tax Law? I do realize that HELOC interest deduction now o...
One of my rental properties is fully paid off while I have around 200K remaining on the mortgage for my primary residence at an interest rate of 3.875% (and I am only 4 years into the term). I am thinking of doing a...
Hey folks, what is the general consensus? I want to get into rental property investing and my question is should I buy a primary home prior to buying a rental property?
Or conversely, should I rent for my primary res...
Bare with me while I explain what question I need answered ... I live in PA and want to move to Florida and in doing so want to rent my current house. I don't want to have my house in PA showing up as my primary resid...
Looking for strategies in this current market that I haven't thought about - WHAT WOULD YOU DO? Here is the case: still have my W2 job and the goal is to replace it with passive income from real estate. My residence h...
Investment Info:
Single-family residence buy & hold investment in Guyton.
Purchase price: $139,900
This was my personal residence for 12 years. I purchased it in 2007 and in 2019 I turned it into a r...
Hello BP,I am wondering if I am correctly protecting myself with the current house hack that I am doing. I recently bought a property and currently renting out one of the two rooms (with the second one to be soon rent...
We turned our first home into investment property in 2016, and we are getting $1200 a month. The house is paid off, and its worth around $170K right now.We purchased our primary residence for $290K(Current value 340K)...
Hi all. I bought an investment property and would like to move into it as my primary residence. To release the capital I have tied up in it, can I get a HELOC loan, or is there another option that is less expensive th...
Hi, I have some questions on 1031 exchanges that I need to know before I make my next investment decision and I'm hoping somebody can help me with. Here's my situation:I have two investment properties: A condo which ...