Hi all, I'm owner-occupying one unit of a duplex and I'm wondering what is the best to report the depreciation if I convert the owner-occupied unit into a rental at a later date. The challenge I'm having is specifical...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
So I've been doing research on different forms of real estate investment. I came across this article and it explains why flipping will die off. For you seasoned investors how true is this article ?. I have plans to fl...
Hi All, I was reading through the new proposed bill by the House Ways and Means committee on tax reform. There was an important change to the exclusion on the sale of a personal residence proposed that would affect pe...
I have a home paid for in NLR, AR. My neighborhood has been seeing lots of development but I am still on the outskirts. I think in the next 10 years my block has a lot of potential to see considerable development...
Hi, I am purchasing my first 3 family which I plan to owner occupy. The inspector found previous termite damage at the base of one of the exterior support columns. I do not know how much this will be to fix or how m...
Hello Everyone,For the topic at hand - I recently learned about Tenants in Common (TICs) as a real estate investment option. Although I am not currently pursuing one, as I understand they can be fairly pricey, I was w...
Can a SD checkbook LLC, invest in crowd funding?
Hi All,Just starting out here. I live in sunny San Diego and would be interested if anyone knows if you could use a self directed IRA to fund the down-payment of an FHA loan for a multifamily home (2-4 units).Thanks,P...
So I recently took on a new roofing company to do a big job on my home duplex. I have never worked with this company before. We agreed on $10,800 to cover my box gutters, shingle over them, repair or replace the fasci...