My gf and I are in a situation where we have the option to choose between FHA or HomePossible. In either cases we would be putting 10% down and planning on refinancing out of mortgage insurance in about 2 years, after...
I have a single family house with an in-law apartment. There are five bedrooms, three bathrooms, two kitchens, and two living rooms. I’m giving background on the house because it’s not a typical SFH. I have a renter t...
Do I am considering rolling my 401k into an Self Directed IRA to use for a rental property.The only piece of info I have not came across, is since the title of the rental would be in the IRA's name, and the rent check...
Long story short, I’m in a position where I want to sell a few houses to pay off the debt on my portfolio of real estate. I’ve concluded that my only real option here is to bite the bullet and pay capital gains. Does ...
I'm looking into buying a condo to keep for a year and Rent and buy another one. How does one qualify for the next property and be able to keep the existing one? Let's say I have an income of 120k and min payments of ...
Hi everyone,
From what I understand about short-term real estate gains, a way to avoid them is to buy another and do a 1031. Are there other ways to shelter the gains from tax? The amount will be between $30-40k in g...
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...
Hello fellow BP members!I am a part owner of a duplex in Olympia, Washington and we invest in the Tumwater, Lacey and Olympia areas. There is currently only one main water line and we are considering adding a 2nd mete...
Have you ever found yourself having to pay into the IRS for income taxes on your real estate properties? Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you coul...
How can I charge my tenants for electric and water usage when it's all on one meter?do I just include everything in the rent and check on the past years usages and add it that way