I bought a house back in November 2020 for $378,000 in the Sacramento area. 1300 sqft 4 bedrooms and 2 baths. I rent out each of the room for $775/mon and the master bedrm for 850/mon. Total rent income is $3,175/mon....
I learned a lot thanks to the Bogleheads. Are there any other ones here exploring diversification?
Hi fellow RE investors,
I am trying to finish my taxes for 2011 .. The same question that hunts me every year raised its ugly head once again.
Issue #1:
I have two times of expenses, routine maintenance that sometim...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $185,000
Cash invested: $45,000
This is a townhome purchased as new construction.
What made you interested in investin...
Can someone explain the tax benefits of real estate? I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors. Any other tax benefits that you g...
Hey All,My parents are going to sell their primary residence they've lived in since 1984 in a suburb of Boston. It's a triplex. For the sake of simplicity I'm going to round the numbers. They bought it for 100,000 and...
I have 10 mortgages and can no longer get conventional loans. Is there a way to transfer a mortgage to my wife without applying for a new loan? I would like to free up my income to purchase more homes? If not, is th...
Hi BP,I'm a Chicago area newbie currently seeking my first deal. I do not have a completely established criteria yet, but I was considering going the route of purchasing a small multi-family (2-4 units) with owner fin...
Kind of want to see if this is possible or absolutely not (I'm thinking not but just curious what others think). So my parents are doing a 1031 on their old property to buya new one. My brother and I would like to be ...
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of new creative tax planning strategies, i...