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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
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Up until now, I've been cheering the Fed on, grateful that Jerome Powell took his lumps for the way too easy money policies in late 2021, and cranked hard on interest rates to beat inflation. I think in 2022, this Fed...
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I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.
Current Financial Situation:
Significant savings in 401(k...
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Okay people, let me get your opinion on this. I have a property management company that I'm with for over a year now. Problem is this:1) Property 1 (management fee: $150.00 per month)2) Property 2 (management fee: $12...
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Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
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I know there's a lot of threads on Dodd/Frank and Lonnie Deals, However I'd like to hear from anyone who currently does seller financing and what method they're deploying to be compliant. Ideally, I'd like hear from s...
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I understand it is impossible to know how big or when a housing bubble will happen, but just curious to see other people's thoughts on subject. In the event of a bubble, what would your strategy be? Is it smart to try...
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Anyone know if this tax Overages program with Rick Dawson and Bob Diamond is for real or legit? Thinking about adding this to my portfolio just want to make sure i'm not being scammed with this.ThanksAndre
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Hi Everyone! I am so excited to have found this amazing resource to help me begin my real estate investing career. I am 26 and currently work in client account management and know this is not where my heart resides. I...
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I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...