Ty Moore
Newbie Tax Question
I am planning to purchase a foreclosure this week for $161,000 and put $20,000 into it with the hopes of it appraising around $250,000. My original plan was to flip the property and sell it for a quick $40,000 or so. ...
Connor Anderson
Newbie: Where do I go next?
Looking for advice on where I need to go next on my journey to financial freedom through real estate.Currently I am 23 years, make 50k a year plus bonuses, just moved to Denver, basically have 0 in savings, college de...
Finishing a triathlon is a grueling achievement, only accomplished by those who are in peak physical and mental condition. Once finished, the top of the top go on to train for an Ironman, arguably the toughest triathl...
Christian Aziz
Advice for converting our condo into rental and buying SFH
I'm going in circles trying to decide what makes the most sense financially with owning two properties. We'd like to ultimately move into a larger single family home and rent our current condo.
We bought a 2 bedroom ...
James David Scott
Whether to buy my childhood home?
I have an opportunity to purchase my late parents property from my two siblings who want to sell the property by me buying them out. I am trying to decide if I should try and make this deal happen. The property co...
Daniel Dunnigan
LLC Tax Savings for Land with Windmill Income
Hi everyone! Looking for advice on how to save on taxes. Thanks for your help!!
Situation: Purchased a piece of land in NY this year with 3 people (Dad, Uncle, and I). We paid for the property by taking a HELOC on ...
Dirk S.
Tax implications on sale of principal residence
Hi
I own and lived in my principal residence for over 20 years and a significant capital gains.
1 If I sell my principal residence I pay no tax on the first $250k of capital gains (filing single), but if I have ad...
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Hello from Texas
Hey everyone just joined. My name Aurelio but people call me "Rel", I'm 26 and looking into flipping houses. Just some background on myself, I'm currently a welder but have experience in other fields such as auto mech...
Remy was looking for rental properties in one of America’s hottest housing markets. He knew picking up one rental property, let alone a multifamily, wouldn’t be cheap. But, somehow, even as a newcomer to the area, Rem...
Mike Anderson
"Duplex Hacking? " - Deal Structure w/ Partner living on one side
Hi All,
I currently have one Duplex and I would like to buy another. Most lenders are asking for 20-25% as I am not able to move into one side myself. I have a potential partner that would like to get into Real esta...