I have a portfolio of 11 units worth almost $1.1MM. The portfolio consists of six single family properties and one five unit. I received a term sheet froma commercial lender at 5.2% on a 5 year balloon at 5.2% with yi...
I am working on building a platform for matching (working professional responsible) roommates to each other to rent whole houses or larger apartments. Example benefit: $3500/mo long term for a 6 BR 3 BA furnished hous...
My wife and I purchased our first home in Denver and are thinking of coverting it into an up/down duplex. The home is zoned for two units (E-TU-C). Our plan is to rent the basement while living in the upstairs unit. T...
Hello, I just learn about the possibility of making extra income on whole sales, eventually planning on buying and flipping, and when I get enough I will like to have some rental properties. I am currently living on ...
Hello everyone,Is there still a market for flipping in the Los Angeles area? I’ve been reading negative articles saying that profits have dropped from flip projects. Now I know it’s a case-by-case situation, but is it...
Can someone give me some clarity on what is deductible against capital gains in commercial real estate? I was under the impression that maintenance costs and general repairs were not, but capital improvements to the p...
I purchased the first property in August 2009 and I entered into the current loan in Dec 2012. The original loan amount was $145,000 and I currently owe $119,000. Refinancing will lower my payment by about $130 per mo...
Hello everyone, This is my first post and hope it’s in the right spot! Over the past year I’ve been on the path of educating myself on real estate investing and want to get involved. In my situation now I don’t have t...
I remember reading that you could either depreciation from the sales price or the current market value if it has been a personal for awhile. Does anyone know what pub or the irs link?
Hello BP,
After listening to podcast 196 with CPA Brandon Hall, I am questioning whether or not I'm most efficiently House Hacking.
I currently rent out half of my property. I was told that as long as I was living ...