HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
Howdy,I am active duty military looking to use my VA loan for my next primary home. I already have one home under the VA loan but only for $86,500. I'm looking at purchasing 3 mobile homes on 22 acres for 145,000. I k...
Hello, I am planning on buying my first home within the next couple months. My plan is to live in it for at least a year and then rent it out. I was wondering if anyone knew of any benefits/downsides (in terms of laws...
Hey guys,I'm planning to convert my 1 story 1000 sqrft home to a 2 story 2200 srft home, in los angeles, CA. My house is so old that financially it's not worth keeping anything. But I hear there are benefits (tax &a...
With today’s inconsistent and sometimes stagnant real estate market the priorities of both homeowners and sellers has changed a great deal. In today’s market it is difficult for home owners to sell their home for...
I own my home outright and was considering using the equity in my home to invest in my first property. Good idea? It seems like that’s what most investors do with their properties but assumed there were some cons when...
I found a lady looking to sell her house, which is paid for. The Catch? She is currently in a nursing home and I'm informed if I buy it, the nursing home gets all the profits and she gets a measly 30 dollars a month s...
I'm working on purchasing a unique property that includes a small home on 20+ acres. The seller owns an arborist business, has been in the home since the late 90s, and owns the house outright. He wants to move furth...
Joe wants to flip a home, tom will use his IRA to put a mortgage at market interest rate on the home for the flip. Joe is now selling the home. Can tom a real estate broker make a commission on the sale of the home. ...
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...