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I've tapped into a family member for funding. It's my understanding that anything over $15,000 is taxable. Since 50>15, how can my donor avoid being taxed on this "gift".
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I just found out my tenant running furnace without air filter for months(~6months). The 8-year old furnace is still working , can I charge tenant for maintenance cleaning up of internal components? I never ran into a ...
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I found 2 different Craigslist ads recently proposing 20%-36% ROI, which are obviously tax lien properties in various states.
I've considered seeking private investors to fund this while making a small percen...
I am looking to buy a distressed property. I want to reduce the taxes before I buy it. Since it is only worth $50k when I buy it how can I get the taxes reduced based on this value in the most time efficient manner...
Hello, i was wondering has anybody has a bad experience with the group Chicago Action Investors? Im a newbie investor and i was looking to get into the game a couple years ago. I reached out to this Group who is led b...
Hi guys! I'm not going to lie it feels weird referring myself as a landlord :)I purchased a flat in October 2015 & have been putting as much money as possible into paying it off since then. This seems contrary to ...
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Investment Info
Purchase price: $150,000
Cash invested: $150,000
Garage conversion ADU at primary residence. Increased property value by ~$200K. Rent $2000/mon. Taken HELOC at promotional rate o...
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I have a tenant I inherited when I bought this 2-Flat in July 2013 in Cook County, Illinois. She has 3 kids and has been a good tenant so far. Timely rent, no damage, no excessive complaints. Police called me today...
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Hey everyone!! I’m new here and new to investing. This is actually my first post! So here is my question. I have listened to over 300 of the podcasts, I’ve read dozens of books, and gone to a few meet ups. I haven’t h...
I have found a home I am interested in bidding on at the upcoming San Diego tax deed auction. The auction starts Feb 28. I have done alot of due diligence but want to be sure I'm not missing anything. I am looking fo...