Mark Abele
Lived in my short term rental for 2 out of the last 5 years
Will I still have to pay long term capital gains tax? (just closed on the sale)
Charles Granja
Veteran quadplex purchase while in college (High-COL area)
Hello! Are there any veterans out there that were able to purchase 600k-1million dollar multi-family units while in college?I found out that in Illinois you don’t pay property tax at a certain % disability rating and ...
Joseph Gisler
What’s your biggest save from an inspector?
What’s your biggest save by an inspector? I am a fairly handy guy and a good majority of the items the inspector finds I already noticed during my walk through before offering on the house. I know as I grow my portfol...
John P.
Refi or sell?
Goal as always is to gain more doors an cash flow. Have a 3 unit that I bought 3 years ago, and the market in my area is booming. I get $2,000 a month in two units, live on the other but could get 2,700 total if I mo...
Alonzo Garza
Selling 2+ acre lot to pay off primary residence faster {worthwhile? Y/N?}
Hello BP,In the spirit of Robert Kiyosaki's definition of an asset being something you own that generates you money, I've been thinking about making a move which would entail selling my 2+ acre lot in a beautiful hill...
Breanna Bounds
Want to start REI but planning to move in the next 6-12 months. Any advice?
Hello! My husband and I are new to real estate investing and want to start looking for our first investment property, however we will be moving. We are planning to sell our current home and move to a different city wi...
Grant Mitchell
How Much Equity if any? Looking for deal #2
I bought a property for 51K put 20% down and got a mortgage for 40.8K fixed 5.5% over 30 years. How much equity do I have in the property if any? The home appraised for 54K in December when I closed on it. Didn’t need...
Jack Dephillipo
Househacking - Tax Suggestions?
Hi all, I will be buying a duplex and living in one side, and renting out the other to cover the mortgage. What type of tax writeoffs can I utilize if I'm getting a 30-year conventional primary loan? I also plan on r...
Ray Hong
HELP NEEDED!!! Buy a house with foundation wall anchors install?
We are shopping for our primary living house.There are 2 houses in one location we are really like. One house located at a corner and does have the updates and designs we want. Bathrooms and kitchen are clean and desi...
Jillian S.
Avoiding Capital Gains on Rentals
I'm reading conflicting things regarding capital gains on rentals. According to the IRS site, it looks like one can live in a rental property for 2 of the past 5 years, even if that property was acquired as a 1031 ex...