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Hey investors! Let's talk about leveraging tax strategies to optimize your real estate investments. From deductions for mortgage interest to depreciation benefits, there are numerous ways to minimize your tax liabilit...
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Does anyone have a place to buy water heaters at a better price than the box home improvement stores?
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I went from growing up in a hut in Vietnam and spending my early years in Section 8 housing in the U.S. to now owning four cash-flowing properties (8 units) across three states. These properties cover my mortgage, all...
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Hello everyone, Hope if anyone could help me with this situation.First-timers doing 1031 exchange. My brother and I sold a rental property for$345,000 in August 10. Purchased at $220,000.Sold $345,000Fir...
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We are relocating to Cedar City, UT where my husband has a new job at the college. We already have a few properties there so the move makes sense. We have been looking for a small-ish property we could snatch up to li...
So I have a good career as a nurse, I’m on schedule to make about $100k this year but I know this isn’t what I want to do for the rest of my life. I want to buy and hold properties and become financially independent e...
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Has anyone used the smartcoinbox coin operated timers for laundry machines? I want to put in a few washers and dryers, but coin operated machines are a lot more expensive and are from what I’ve heard not any more reli...
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I'm dealing with my first vacancy/getting a new tenant. My prior tenants were fine and have handed in there keys. I was wondering if I should change the locks on the doors when I change my tenants.
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For Example:
Purchase a $50,000 home spend $20,000 in rehab. Sell for $100,000
That results in a net gain of $30,000 of taxable income.
Would I be able to perform a 1031 exchange and buy a $30,000 rental home fre...
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Hi. I am trying to estimate how much the water/ sewer bill will be for a duplex in Cleveland, OH ( I have 2 duplexes currently in escrow)There is one meter for both units, so landlord is responsible for water bill. T...