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My question is regarding passive real estate losses. I am a real agent and investor, therefore I am considered a "real estate professional" for tax purposes. With that being said, my accountant has always allowed ...
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Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
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In my rental, there's this open loft /room that used to look like this:Tenants in the past used that space as another bedroom even though its small and didn't have any closets. But, the biggest hurdle to using it as a...
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Can you do a 1031 exchange from a rental property into funds like the ones on fundrise.com?
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Hi!
I am selling land/lot at $197, 500 within 60 days. Someone told me that Mobile home park is good profit with low investment. I am new to MHP investing. I have to make decision before I close my deal for ...
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My husband and I have been buying rental properties for several years now and are getting close to reaching our limit of ten each. We buy 1 solely in my name and 1 solely in his. When we started this venture about 8...
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I have a 2b 1b house in bellflower CA. I extended it to a 3b 2b and built a 3b 2b ADU behind it. Now I own a 3b 2b house with an ADU that has 3b 2b. I’m refinancing the house now and my appraiser used comps of a SFH w...
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Due diligence is ringing in my ears right now.
I purchased a 2300 sqft, 6 bed room,, 4 unit multi family on the MLS in June of last year and have just completed a beautiful full rehab.
Only now to find out ...
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I have two passions one is the study and practiceof Natural Health and the pursuit of "total body Health". The other is developing financial independence utilizing the best investment vehicle there is - Real Estate....
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I have a 40 yeaar old house with copper pipes, and a crawl space, in the last six months Ive had 2 leaks spring up in long runs of the copper. I've asked the local home depot plumber about it and he says its due to e...