Babu Ramadoss
Why should we do 30 yr when compared to a 15-yr mortgage ?
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...
Nick Kelly
HELOC As Down Payment For Rentals
Hi Everyone!I just refinanced my duplex (owner opp) from an FHA to conventional to take advantage of lower interest rates and get rid of PMI. My goal is to acquire 1-2 residential multi family this year. Im consideri...
Jamie H.
How to maximize retirement savings
My husband and I are hoping to maximize our retirement savings this year and need some strategy help. I currently have a 403b through work. There is no match from the company. I currently fund it myself at a total of ...
Jim Madden
Rental Losses to offset Taxes owed from IRA Withdrawal
I withdrew money from my IRA and it will be taxed as ordinary income. Can I use Rental property losses to offset the taxes owed from this withdrawal when I file my taxes?
Jared Stokes
Is a cash deal on a rental a loss until I recoup my money?
Basically if I buy a rental house for 75k cash and rent it for 750 a month it will take me roughly 10 years to get my money back. In the mean time is it a loss? I already paid income tax on that money, I saved it in m...
Robert Wood
The benefits of having a mortgage on a investment property
My question is Bp teaches you to use bank’s money. One of the purposes is to get tax breaks but don’t you still have to claim the profit of the cash flow you do get after your mortgage and bills are paid
Chris Breezy
What’s the best credit card for points/miles my cruise
Hi so I’m going on a cruise in a few months and it’s gonna be quite costly. I’m trying to credit card hack and get the best in return.I have a American Express blue card which gives me money back on a lot of purchases...
Keith Rivera
financing
Has anyone ever had a problem getting financing for a loan or a re-finance because of showing no earned income? I have liquid cash available but have been turned down for loans because I can't provide any w2's or show...
Andy Horobec
Income from wholesaling to pay off my house
Can I use income from wholesaling to pay off my house without paying taxes on it. Would I be able to accomplish this by quit claiming the deed into an Llc?
Julio Gonzalez
Best Tax Strategies for Real Estate Investors
Unfortunately, the tax code can be a burden for those who don’t understand it. But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money. Ins...