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First, let me take the opportunity to thank the BP community for the incredible (free) education I am receiving.
I have a question on the payouts from crowdfunding opportunities. How is that income taxed? It may ve...
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Hi All,I am looking for second property (house hack) and wanted advice on financing options. I have ~$160k in equity for my out of state property with a great interest rate of (2.8%). I have ~$20k in cash to dedicat...
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I'm doing some research on getting started in house hacking. I'm confused generally as to when the 1-year residence requirement does or does not apply?
I currently have a short term rental property. Is it okay to use income from that income property to fund a flip on the house I live in? I intend to also rent out my primary residents later this year after updating. H...
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Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...
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Hey everyone, long time lurker, first time poster here.I have started looking for my first multifamily house hack in Houston, Texas and after talking to a few lenders I keep running into an issue. Like a lot of people...
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Investment Info:
Single-family residence buy & hold investment in Nashville.
Purchase price: $235,700
Cash invested: $12,000
3br 2ba 1,400 SF
River Trace Estates Neighborhood
Personally Renovated...
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I'm looking to purchase a 2-4 flat in which I intend to live in as my primary residence. At some point in the future, I expect y family to grow (from 3 to 4) and living in one of the units may no longer be feasible. ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $415,000
Cash invested: $41,500
This was intended to be our "forever home", that we ended up turning into a long-te...
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TLDR; VA Dad wants money during his retirement. He just wants the cash and for me to burden the means of getting it, lol. Any way to do that?So my father is approaching his 70s and is a veteran. He has no debt and ...