Michael Poczynek
$5,000,000 waterfront home for $1.25M furnished. Should I buy it
I am a real estate agent, and I have a motivated client looking to sell a house at a greatly reduced price as they know there is no market for it. It would be $5,000,000+ to build. It could be rented out weekly duri...
Dwayne Wilson
How to determine ARV?
I want to implement the BRRR strategy. I am not familiar with determining the ARV to use the BRRR calculator.
Natalia Comas
Taxes profit mortgage
Hello, I hope somebody can help me or guide me to find help. I tryed asking accountants but nobody was able to help me.I have a business where i can play with my income and also rental properties.I do like to show nic...
Vivek Mattur
Does trees/plants/shrubs in backyard add/reduce value of home
Does have trees, plants, , shrubs in the backyard reduce value to the property due to higher maintenance and less usable space compared to same size backyard with just a lawn in it? Also, does have an additional side ...
Craig Poskus
Need help from the tax gurus
I bought a rental property in September 2016 and received credit on my closing statement for property taxes for $3,000. I paid property taxes of $4,600 in January 2017 for the 2016 tax year. From what I have resear...
Tyler Lingle
Does house hacking still work?
Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance...
Account Closed
Deductions for Investment Interest Expenses by Kislay Shah CPA
Taxpayers are constantly striving to be able to make more money. A great way to do that is by investing in assets and growing your financial portfolio. By investing, further savings are acquired by being able to reduc...
Joel NA
Using Equity Line for DP
What are the negatives concerning using an already established line of credit to generate a down payment for a buy and hold rental?
This is assuming, of course, that I'm buying right and that the property will cash ...
Tony Marcelle
Would house hacking work with this?
Will it work with lease options as opposed to just renting it out to regular tenants? I am learning of this house hacking thing I am hearing about. House hacking sounds good and all, but how to handle problems like va...
Fred Stevenson
to leverage or not to leverage
My home is paid off, and I'm taking 80% out of my house in a 30 year refinance loan. My plan was to purchase three - five SFR's for cash using 20% of my own cash and 80% from the refinance loan for each purchase. Tha...