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Almost 2 years ago, we rented out our personal SFH. The tenants are professionals, who had hit upon hard times during the recession and their credit had taken a severe hit. They also had 3 large dogs (we have 2). B...
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So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
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Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?
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Hello BP community,I am fairly new to real estate. I have a townhouse in Tampa that I'm looking to move out of to rent. I plan to move down to Miami to be closer to more investors and a better quality of living. I am ...
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Question to the experienced real-estate investors that have made it to the $1,000,000.00 mark in cash or equity or a combination of both.I am just starting out. After many years of wanting to become a full-time invest...
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Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
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Hello everyone,My name is Scott Passman and I am a new investor based out of Batavia/Geneva, IL. I just started learning about real estate 4 months ago and I have been hooked ever since! I have spent every free mome...
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I own a 2 family home in NYC- created and bought the house in an LLC. I live on one side and rent the other side. I am now about to close on a single family rental property in Philadelphia. Buying it all cash and hope...
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Ok, so here is the thing. I have tried Zillow, redfin, hotpad, homes.com, relator.com, trulia.com, looked in the tax records, sitexdata.com, and a few other pay sites.
There are very little comps I can find, I mean l...