Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $220,000
Cash invested: $10,000
Sale price: $360,000
8 Unit Value-Add C class MFR in Jacksonville FL
Pur...
Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Ive got my first Rental Property up for rent this month.
Ive done alot of research and just wanted to see if these numbers seem realistic to the Pros.
Rentals in the area for a home similar to this one got for $1200...
Hey guys! Like most folks in this sub-forum, I'm hoping I can leverage the experience of you guys! I've grabbed a screen shot of the BP rental calculator, and using whatever information I could find on the listing, ...
Hello,
Can you please help me in this fourplex deal analysis
My goal is cash flow long term
Sale price - 440K
Rent - $3675/Month
Down payment - 110K
Loan - 330K at 5.5% rate
Location - San Francisco
Thanks
:cool:
I recently read a book called Building Wealth One House at a Time by John Schaub. It recommends a tax strategy that I don't fully understand. I'm hoping someone can explain it to me. According to the author:"If you ha...
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
Hello Forum members, I need your help. I am a W-2 Wage earner with adjusted income above $150K and unable to deduct the rental losses on my 2 properties. I have a registered LLC, but the properties are not titled in t...
Instead he is saying I need to claim it has self employment income since it was not a "one time only situation". This is a fix and flip that I loaned money to. I have performed 3 other fix and flips and am continuin...