I rented out my original house for 7 years, my tenants have now bailed and I'm done! I am fixing it up to sell asap. I know I will pay capital gains and have to pay on the depreciation. I am trying to find out WHAT ...
Deed is your name, mortgage is in previous owners name, you've been paying the mortgage, do you write off the interest? My accountant says I can't...
To Fellow Investors,
At what point in your business did you or would you choose to add part or full-time staff instead of using independent contractors?
What position did you or would you hire first?
Thanks for you...
Hello, This past Summer my brother in law and I added a vacation rental to our portfolio. I have been listening to podcasts and they mention cost segregation studies and bonus appreciation and there is even a STR loo...
Hello everyone!
I have a few questions regarding some renovations that I am considering for my rental in Pawtucket, Rhode Island.
Currently my units have a lot of old plaster and are not insulated. I am hearing mix...
I have a 457B Plan and would like to know if I am eligible under the CARES Act as a real estate investor to withdraw $100,000 from my 457B Plan. Assuming My State job is unaffected by COVID-19, does anyone know if I ...
I went to a convention that is geared toward putting the people with access to money (Broker/Dealers) with the people looking to raise money (sponsors). It turns out that the measly $4,000,000 that I have raised in th...
Hello Fellow Well Endowed Pocket Havers,Background: Recently purchased a single family home in Philadelphia as an investment hold property in cash. Decided after buying the house it would be worth selling due to comps...
I'm new to 1031s. Are there any creative rules that might help us in the following situation? Are there any other options I am not thinking of?Background: As my husband and I consolidate properties within our family b...
Hi, Over the last year i've acquired 2 rental single family residential properties (not in LLC yet since rates are so high they are standard 2nd property 30 year loans). I also have an LLC that owns and leases commer...