I own a 2 family and am looking to sell it. I am trying to figure out how much I would pay in taxes. Purchase price $145kI owe $122kI wanna sell the property for $250kIt is a rental property.i have 2 questions 1. How ...
I purchased a rental investment property with two friends (partners) prior to the market crashing. Down the road, one of the partners separated from his wife and asks to move into the investment property (bad move); s...
After sharing a big fail that was our first flip in this forum, wanted to follow up with a win that was born from it.
Lead Source: Off-Market
Strategy: Flip
Purchase Price: $150,000.00
Rehab Budget: $90,535.00...
Hi there! My name is Andrew and I live around the Hagerstown, MD area. I'm new to investing in real estate but VERY eager to learn. I have yet to do any deals or make any offers besides purchasing my primary residence...
I will try to keep this brief. I am looking for guidance on best lenders in Wa State. My Husband and I are looking to buy a home in the under $400,000 range (ideally something that we can rehab and house hack). In our...
Greetings! Anyone have ideas on how to continue investing when your money is tied up in a commercial real estate deal?Lender said I can’t dip into our equity for a minimum of 12 months. Suggestions?Thanks!
Hello Investors!Just finished reading The Self Directed IRA Handbook and recommend it to anyone interested in SDIRA and learning more. I found it to be an easy read concerning a complex topic, well organized with a g...
*Incomes over 8-Figures*So I’ve tried to avoid publicly coming out as far as what my financial situation will look like going into 2021, however I keep getting conflicting advice from each new CPA and tax attorney I s...
Hi friends, was wondering if anybody here built a simple Excel to do back of the envelope on a house hacking investment? including all the basic elements that drive value, e.g., - reduction in tax liability on rental ...
Long time listener, first time caller.I bought a SFR as an investment property in 2013. It was a REO foreclosure sale, with a tenant, and needed some work. Long story short, in 2020 my tenant moved out, I did a cash o...