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Hey Everyone!I bought an old beat up house just outside of Louisville, KY in August 2019 for $120,000 with the intentions of fixing it up while living there as I am just out of college and was looking for a place to l...
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Do aAll these people who talk about having several rental properties still adhere to the debt to income ratio on mortgages? That is like 43% correct? Obviously the rental income counts as income. Do people who ac...
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Tenant wants to pay next two years upfront! What would you say to this?If i say yes, How do I even go about proper deductions for tax purposes?The total would be 24,000 on the dot. Paid to me
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I am at a MAJOR career crossroads and seeking advice from investor/business owner minded counsel! I am currently making around $35k working at a premier fast food/quick service restaurant franchise. However, I am at t...
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I'm under contract for a new home purchase which will ultimately be my primary residence after selling my current home. I'm trying to figure out the best way to finance and avoid capital gains tax. I would like to use...
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I have 2 questions that I would love if someone had insight into. 1) as the title says, we don't quite reach 2 years for the tax exemption. We were one month short before renting it out. We closed in May 2018 and th...
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Backstory- I bought my current house in 2015 when the market was really soft in my area and I got it for a really good deal (195k). Over the first few years of ownership my wife and I rehabbed the house completely. No...
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I am Jonathan Perez a Real Estate agent located in Miami, Fl with two years of experience. I am also an aspiring investor looking to expand my knowledge and network with the right professionals to accomplish investmen...
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Hello Everyone,First off this is my first post in the forums, so cut me a little slack if my post isn’t very clear. I have been considering getting a tax delinquency list for Oregon and started to do a little researc...
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Hello, I’m Andrew a 32 year old yacht captain and fisherman from Miami now living in Boca Raton, Fl. I’m excited to start this journey in the REI world and have spent the last couple months absorbing as much info as p...