Jerry Chilimidos
SDIRA lending and borrowing.
Hello all, I have a SDIRA with some cash, 2 paid off properties and a stock portfolio in the SDIRAs name. I was thinking about leveraging those assets as collateral and doing some hard money lending. Is that a thing...
Steven Kelts
Are owner occupied 3 fams subject to rent control in Newark, NJ?
Hi There,We are looking to buy a three family in the North Ironbound area in Newark, NJ. The person we would buy from currently lives in one of the units - we plan to renovate the property and live in one of the unit...
Timothy Hillyer
Senior Citizen Owner Occupant Property Tax Exemption and Renting
I cant be the first person to think of this...In my city there is an owner occupant property tax exemption on the first $50,000. For seniors age 65 and older the exemption is on the first $150,000. The standard mil...
Marty Summers
Primary Residence turned into Rental
Hey Everyone,We have just moved into another home recently. We lived in our recent Residence for 12 years. I am considering renting out my old home and understand that we will lose our mortgage exemptions on taxes. ...
Taye N.
Ballot initiatives that pass we should know for 2017
Hello
We're there any significant changes happenings for 2017 that I should be aware of trying to buy a rent control property in and around Oakland?
Anything that passed?
1. How hard is it to increase rent once I ...
Adam Uxley
How to pay yourself
So I am going to be putting in 20k to start up the plan is to use the BRrrr method. My question is say magically we find a good cash flow house, all the work is done, refinance. How do I go about getting the money bac...
Jesse Barahona
Tax question in Texas
Hello everybody! Quick question, I have some body that is going to sell their home, Single Man 3 years living in the property as a primary. Bought it using an FHA Loan, What are the tax implications on this? When he s...
Jason Crusing
My firsy investment.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $16,000
4 bed 2 bath duplex I house hacked. It sits in a great area near good school...
Jake Knight
Tips for Property Owners During Tax Season
If you haven't already, you should be receiving your property taxes soon. I thought it would be a good time to hand out some pointers we often advise to clients on this:1. Understand Your Assessment: Review your prop...
Anna R.
Newbie - Residence into Business
I have just flipped the property I lived in for 14 months also my first property as a home buyer. I would like to continue this business as this flip has been very favorable to my income. This house is currently on th...