Hello,I’ve been reading up on carry over basis, but I have a specific question I’ve been trying to find the answer to.My grandmother transferred a house to me and my twin brother. She is still alive, and my father, he...
What do I do if I want to rent out my second home with a rider? Is refinancing only the option?
If I leave as is, will I be able to claim the property as rental on tax return or is it a violation? (i.e., do banks and ...
I'm looking at entering the AirBNB side or real estate. I was told I need to get a good understanding of these subjects: 1) Taxes, 2) Legal issues in ABNB, 3) Negotiations, 4) Short Term Rentals & 5) Tenant/Renta...
Hello,Wanted advice from BP. I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax. I am trying to maximize my tax savings through real estate...
Hello everybody! I have been a long time podcast listener and lurker on bp. I do not currently own any properties but that could be changing here soon!I have had my eye on a property I use to live in while at college....
Hello everyone! This is my first post on BP but I'm really curious if anyone has any helpful advice as to how I can get creative and do something with the house right next door!I am a 21-yr-old college student who cur...
So I am going to be changing cities here in the next year, and I am looking to get started in buy and hold SFH investing. One thing that would be advantageous for that would obviously be a low debt to income %. So, ...
Can any local investors recommend a solid CPA that has experience with rental properties?
As I understand, you can qualify as an accredited investor if you've made 200k for two years and reasonably expect to continue. I assume this is based on AGI on your tax return?
My question is, could I qualify if in...
Hi,My wife and I are researching properties and are hoping to qualify for a First-Time Home Buyer FHA-insured Mortgage. There's one potential problem: her parents put their apartment in her home country in her name fo...