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I’m a newer investor. Currently we own (4) properties. Most are multi-unit. Since my earliest research, I’ve heard of the tax benefit that comes with real estate investing. I have a high income job that is not relat...
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Without giving a lot of personal details, here is the situation:
Student loan $100,000
Monthly payment on student loan $1,000
Monthly income available to throw at student loan $3,000
Should I:
A) completely pay off ...
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Thinking of using a 403B to reduce w2 income...anyone use a proven method to offset income?
Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...
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I have a tax question. My accountant of 12 years does not have any clients that flip houses, she has buy and hold but no flippers. Also her father was actually my accountant for 10 years and he passed, so she took ove...
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Hi, newbie here. One of the things I’m uncertain about is whether or not I should pay off personal debts before making investments. For example, in about 1 year both my car loan and student loan will be paid off. Woul...
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I came across a FSBO, it’s fully rented and totals $2550 in rent roll. Seller is a little old lady. She “just wants an offer”. The daughter guessed she’d sell for $140k-$150k. After running the numbers it will gen...
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I am making an offer on a deal that the owner has said he is willing to finance. I know the guy and we trust each other. I am considering writing an offer with a 10% rate of interest for 5 years and then reducing th...
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Hello,
I am looking to house hack in Central Connecticut. I have a family member that is willing to do lend me at 3% (huge blessing for sure) if it is my primary residence. Family member's one condition is that I put...