Ryan D.
Using equity in rental property for new primary home mortgage
I'm trying to learn about rental property equity financing. But all the articles I find are about using equity in your HOME to buy a second property or rental property. But what about using home equity in your rental ...
Rick Curtis
Long term investment advice
Looking for some advice. I live in CA and I am eligible to retire in 8 years. My primary residence is currently valued at about $675,000 and I owe about $250,000. My loan is a 15yr and I pay extra each month with th...
David Mcginnis
effect of UDFI on distributions
If my SIDRA (regular/untaxed contributions) pays UDFI tax, what happens to distributions from the IRA? Do I have to pay tax on that income again or do I now have basis in the IRA?Also, I think I understand that bonus ...
Ursula B.
Changing Offer After Contract Termination?
Hi everyone:I'm in a situation and looking for a little advice. I made an offer on a property sight unseen and the seller accepted. Problem is they took an extremely long time to produce the signed contract, and when...
Ryan Tyree
Help understanding a LP K-1 net loss
I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investme...
Michael Duran
Southern Cali Investing
How are you investing in Southern California? Only reason so I can learn wile investing near by. Currently owner occupied thinking of converting garage into an ADU and buy 2nd home owner occupied
Nevada Amack
Advice on 12 uni Apartment Purchase through Seller Financing
I have stumbled across someone willing to do seller financing on a 12 unit apartment building on a total of 10 acres in a small MI town. 9 of the acres are open for development and the city has recently added water, ...
Natalia Wang
Airbnb investment only property
Hi everyone!I'm interested in buying an Airbnb investment property looking for some advice on how to navigate through the new Airbnb laws in Chicago.If I were to buy an investment only 2 flat it seems like I we'll ha...
Matthew Marchetti
Landlord seeks computer program to keep all the details together
I am a newer landlord with 7 income producing single family homes that I fully manage. I do this by combining my knowledge of Quicken, Microsoft Excel and Microsoft Word. I work a full time job in addition to my prope...
Paul F. Kershing
Converting a rental property to primary residence?
I currently have a rental property with substantial assets gains. Since I will hopefully be retiring within 2-3 years, how can I avoid potential tax consequences? Can I opt to make it a primary residence?