Currently live in nyc. Apartment is not cheap- but coming up with 20% Down (if not more) for a pad in nyc is expensive. Currently buying SFHs And MFHs
elsewhere while trying to minimize spending in nyc. People tell me...
Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...
I am hoping to hear from people that have been renting properties in Rockford Illinois, DeKalb Illinois and/or Beloit Wisconsin. I plan to buy a 2-4 unit building by the end of the year possibly 2 buildings by then. I...
Hello
I own primary home and am thinking buying new primary home soon. Once I close, new primary home, I will keep my current primary home as rental. (Location: East bay in CA)
Question here: To have some cash cushi...
I am selling my home because my wife got a pay cut and we can no longer afford the mortgage. We will be making money off the sell and we are buying a cheaper home. Do we have to pay taxes on the profits from the sell?
Hi. I was able to get a HUD rehab under contract recently/ Fortunately, or unfortunately, two of our other deals went through at the same time. We are in a dilemma when it comes to the down payment since all of these ...
Hi Fellow investors, Could I 1031 my apartment building with a land that i will be constructing on ?
Land will be cheaper than my apartment building however when i build on it will be much more expensive to build a ...
Properties generated $110K last year, I stopped at $120K losses before even going into expenses. I don't want to dig through expenses and itemize all that crap since I'm already at no income. So do I even need to file...
Hi,I'm new to investing and want to start purchasing small multi-family units. I purchased a SFR in Corona, CA. June of 2020. I have about $150,000 equity. Should I sell and use the cash or refi with a HELOC and use t...
My wife and I are starting to look into investing and purchasing our first rental. We were looking at single families for a while and kept our search close to home. The high taxes and little inventory meant there was ...