Let's say I cash out refinance a rental property; can I still deduct the full amount of interest expense on the new loan, or just a portion of it if I don't reinvest the money cashed out? Please post your source.
Hi,
I was a renting out a room in a house in Austin, Texas.
My lease was from Dec. 16th, 2012 to Dec. 16th, 2013. I gave him the keys on December 13th because I didn't want to renew the lease and I was ...
Just stumbled upon this article that I think others in this thread would appreciate. It makes some interesting points about the common opinions on "disruption", how people use Airbnb, and really the good/bad of the ap...
I have found contradicting answers to this question:
In Illinois, do mechanics liens stay with a house after a foreclosure sale? Will the auction buyer assume a mechanics lien if there is not enough money fro...
A client asked this question and I have received a bevy of answers and they all differ. I can't locate the answer on the TREC (Texas Real Estate Commission) website either. The old law is that a broker had to "hang"...
It seems like there's a lot of funding companies promising to Fund 100% of your deals but they want your credit report, up front fees and a down payment, which contradicts they're engaging pitch of "100% financing, n...
Question. Do investors like purchasing land.? And are you contradicting it just like homes.?
Any advice I would be super grateful.
I am really struggling to find deals right now. Everything I see just feels way too overpriced & I’m very disciplined with my evaluations. Right now nothing is fitting my numbers. Is anyone successfully acquiring ...
Hello Team,I am working on updating my Annual Property Operating Data worksheet (from "Cashflow and 37 other equations you should know"). I have a CAP rate metric on there, I don't have ROI. What is the difference bet...
Hi, as the title suggest I am new. I have read and read and read but have not actually jumped to make a deal. In far to many ways I feel as though I am not remotely knowledgeable enough to start. That and my low credi...