Hi, I have a question in regards to tax deductions when selling a rental property. I sold a property last year, fortunately I do not have to pay capital gains as It was my primary residence before being rented. As I a...
I closed today on a four unit townhouse. Most questions I get from people I talk with is how do you know if its a good deal or not? I use a simple formula to determine for me in minutes weather to pursue the property ...
Novice REI here, wondering:- Is it realistic to think I can obtain $1,000/month NOI on a single door ($12,000/year)?- If yes, can I simply divide $300,000 by $12,000 to determine I would need 25 Doors to reach $300,00...
hi,I opened a business in the USA in 2017 to sell fishing trips to the Brazilian Amazon intermediating the best outfitters. With company's profit invest in real estate in the USA.We were starting to move on when the w...
Your Mindset Will Determine Your Success As A Real Estate Investor. What your beliefs are and the way you think are the two defining factors that will determine whether or not you will have success as real estate inve...
The question is, how would the following scenario impact taxes when filing the tax return the following year?SCENARIOGrantor deeds homestead property worth maybe 20k to person A. After some time, person A finds that t...
Hi all,I’m currently a travel nurse and would like to start real estate investing with the money I’ve made and saved from my job(s). Flipping, rentals, and Airbnb is what’s been appealing to me. I’d like any advice on...
I am looking at a possible acquisition of a property that is possibly out of my price range or the higher end. They are asking around 1million. Can someone help me understand what a good formula is to determine what...
How many months of inventory is currently available in the Cleveland metro area / Cuyahoga County? Also, is that figure publicly available? If so, where? Or do agents have "hidden" access to that data?
I am writing this for new and experienced investors on Long Island, NY. We noted over time that many investors simply have trouble valuing a deal. Getting accurate comps from realtors is difficult and most contractors...