Considering purchasing my first rental property. Can anyone give me a brief description on the tax implications of owning a cash flowing rental property ? What are the pros and cons from a tax standpoint ?
Investment Info:
Single-family residence buy & hold investment in Charleston.
Purchase price: $340,000
Previously a single owner single family home. Located on a busy and growing commercial corridor ...
Investment Info:
Other wholesale investment.
Purchase price: $500
Cash invested: $8,000
Sale price: $16,000
The amount of work it took just to clear title was the hardest part. This was a lot tha...
Hi,I am a new real estate investor and closed on my first property in Lowell,MA on 10/12. I have the condo on market for rent and looking for tips for rent out soon with quality tenent:https://www.zillow.com/homes/for...
Howdy Folks! I am excited to connect with like minded folks. I am a Dr. of Physical Therapy and own a few clinics in the Bangor, Maine region. I am interested in investing in multi units in my state as a start, we own...
I'm working on getting all of my rentals transferred to my LLC and setup in Quickbooks. I'm using Nancy Neville's book: "QuickBooks for Landlords who hold & flip" which is a great help.I have a few personal unsecu...
As someone who has never invested in real estate, self-storage seems like a great way to break into real estate investing. What are your thoughts on this? From sourcing/analyzing deals to financing to cash flow. Is se...
I've been looking into a for-sale RV and boat storage property/business. I'm very interested in this opportunity and would love to learn more. Specifically, I need to understand how to value this property type to dete...
It was suggested that I take my RothIRA and put it in a custodial account and use it to purchase homes to flip? What do you think?
Builder in Michigan looking to expand