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Do I have to wait until the property closes to begin communication with my new (to me) tenant?I'm inheriting a tenant on a property and would like to send a welcome letter explaining things, but I'm not sure if this i...
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Hi everybody!I'm a newbie investor, just bought my first rental in February. I am now dreaming and scheming about my next property. here are my questions....My primary residence would make a great rental property. ...
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Hello All !My wife and I are looking to start diversifying our portfolio with real estate. I've been on the BP forum and reading lots of books to educate me on this venture. We both have very secure jobs with good in...
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I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
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I've been working with a lender who will not lend to me since my original intent was to create another Recovery Residence. Credit score high 700s. Other property cash flows a couple grand/month.I told them-OK--I'll re...
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My cousin in currently in the military, and he is deployed to the middle east. We have been talking for a long time about him preparing for retirement and he is extremely interested in investing in real estate. We hav...
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Good evening,
I’m currently in the process of refinancing my home as primary residence in Maryland ( closing Is weeks away). My goal after closing is to immediately file taxes and file my home as a rental property. ...
Investment Info:
Single-family residence buy & hold investment in Detroit.
Purchase price: $75,000
Cash invested: $75,000
I am working toward putting together my first deal(s). I am looking in De...
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Hi, my name is Oladodja (Hard to pronounce, I know!). You can call me Ash. I'm originally from Benin, a small country in West Africa. I'm a native french speaker. I'm a junior in college majoring in Electrical Enginee...
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We bought our primary residence in 2018, lived there till Mid Dec 2020 and then converted that to Airbnb. We moved to a new state in mid Dec 2020 and bought our primary house there which we sold in January of this yea...