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So I am interested in converting my home to section 8 once I put it up for rent. My question is how do I do this or what is the process and then secondly is this a good strategy for attracting and maintaining long ter...
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Hi all,For those who have not seen the news on this FHA is reducing the PMI rate from 1.35 to 0.85%! This is a significant savings and could mean the difference from cash flowing and not.
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I'm looking to house hack, but everywhere I'm seeing typically says I need to cash flow in order to "successfully" house hack. Do I absolutely need to pay zero dollars for all my expenses to "successfully" house hack ...
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Hi AllI am primarily interested in rental properties (Buy and Hold Investments). While I was looking for SFHs and MFHs in my area and trying to analyze some properties I was getting confused regarding how to estimate ...
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Hey everyone,I haven't provided an update since my last post in November. At that time I asked everyone's opinion on using rental properties to help offset my daughter's student loans. Well, I'm 5 months in and I figu...
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I recently became aware of the benefits of owning and using a non-contact infrared thermometer. Here is a great link from the NDSU Extension office:"A simple way homeowners can check their homes for heat loss is with ...
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I'm looking for some advice around cost segregation.I purchased a townhome in 2019 that has now been an LTR for two years. I purchased a separate townhome in 2021 that I am currently house hacking in and plan to turn ...
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Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?
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Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Long story short I purchased a home in an overinflated environment for $500k. I got the 5% downpayment from a HELOC.The mortgage and hold cost is a lot for me (over $4k). I struggled with getting property manager sinc...