Carter Mahnke
About to List FIRST Rental, What Must I do First?
Hey everyone, I'm brand new and my family and I will be moving out of our first home soon and are planning to rent it out.Could someone give me a rundown of the things I want to have in place and squared away before w...
Sergio Rodriguez
Should I owe Capital Gains Taxes if I lived in the house 3 years then leased 2 years?
Hello Friends, I purchased a house in 2017 and lived there for 4 years as my homestead's primary residence. Following that we moved out and turned it into a short-term vacation rental around April 2021 and the last ye...
Raz Francesco
newbie in the RE world, Army Vet with lots of motivation!
Hi Guys! thanks for stopping by :)I'm here to learn from Y'all and seek some advice!I currently live in SD CA, learning the local RE market, but regardless. I am interested in investing in TX/NYC/NJ and leverage the V...
Seb Ko
New residence requirements for Airbnb listing
Anyone familar with listing an Airbnb listing in last few months? Are there additional primary residence requirements such as homeowners exemption required, or anyone know if this is coming down the line?
Eric Gadus
Military / Rental / Taxes
BP,I currently own a rental in birmingham. It is currently renting at almost 2x the mortgage, so there is a strong consideration to keep it. I am also aware of doing a 1031 at some point.My biggest question is taxes i...
Jennifer Mora
Limiting number of tenants
I have a 3-bedroom rental. Is it ok for me to list it as a 2-bedroom with office? Also, can I limit the number of tenants to 2? If it's ok to limit number of tenants, is it discriminatory to not rent to a 2 adult/1...
Zachary Himes
Cash out an investment to pay off student loans - Avoid Cap gains
Here is the situation:
I am 20 years old, I invested in bitcoin at $7000 a couple of years ago, I'm planning to cash out soon in order to pay off my student loans (64k total between both me and my fiance). Me and my ...
Prachi Metha
New Lease Rental Question
We acquire a property with already a tenant in it. The lease is up since May end and we are supposed to make a new lease. Is there any rent cap that we are supposed to follow? Rent is way below the current market rent...
Casey Randall Lenz
Small mortgage refi problems
Not sure what section to put this in. Anyways, I have 37,000 left owed on my 10acres and home, which just appraised at 83,000. My interest rate is 6% adjustable to 14%. I would like to refinance the 37,000 with a fixe...
Mike M.
Annual Bonus Check - Changing Witholding to "Exempt" a bad idea?
Hey all,I have a regular W2 job that provides a substantial bonus check annually. Over the years I have heard of gossip that changing my withholding for this single paycheck is the best tax strategy. My employer combi...