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My in laws have tasked me and my wife to find them a suitable rental property. They have given us around 100k and I've been trying to wrap my head around utilizing this money in the best way possible. We live in North...
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Hello,
My parents have a primary residence purchased for $45k. Recent comps in their neighborhood are in the $1 million range. Even with a exclusion of gain under Section 121 (MFJ: $500k), they are looking at over $...
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I'm moving out of state and trying to decide if I should sell or rent my current home.., my current house built in 1996 is worth about 630k, mortgage balance is 210k on it. monthly payment is 2100 including tax and in...
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Hi everyone!My name is Alex and I am a prospective investor looking to get into the rental market. I've been reading day and night on this subject since I have become interested, have taken a look at the UBG here on ...
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Who is doing your taxes? I'm in search of a CPA that specializes in RE investments. Bonus if their office is in or near Pasadena. Any leads would be greatly appreciated!
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This Is my first post on here! I have been a Real Estate Agent for about a year and a half. This year I'm looking to start a Property Management company. I also am looking at buying my first investment property. As yo...
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Hi everyone. In calculating on rental property cost/benefit, is it appropriate to consider annual depreciation amount that an investor gets to deduct from income tax filing as part of profit? Thank you.
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Hello again,
Recently I've been hearing alot from close friends and some popular podcasts that there is currently a "Mass exodus" out of California. I'm looking to invest in a multi-family unit in Las Vegas, NV. At f...
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We just purchased our 10th rental unit this month. We purchased a 3bd, 1bth home for 89k which was $25K under value. Our first thought was fix the house up and flip it listing it between 145 and 150 with putting in 20...
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I have a self-directed solo 401k and want to convert some portion to Roth. Does the pro-rata rule apply to solo 401k?