Hi all! A multi-unit property was purchased for $140k.  The estimated value  now (roughly) is $200K.  Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan. What is the bes...

Hi! My family and I are about to move in to a house hack! It is a 4-Unit property where we are living in one unit and renting out the other three. We were able to get into it with a 5% down primary residence loan. I’v...

Hello all.  I have a duplex that currently has 1 tenant receiving a partial Sec 8 voucher. I purchased the unit about 3 months ago. The tenants (older married couple) are excellent, have been there 4 years, very low m...

I'm about to make my spare bedroom's AirB&B live. My question is what's the best way to report my income on this and also reduce taxes? Put my home in a LLC? We don't want to miss out on the zero capital gain when...

Hello Folks,
Needing some advice on if I should refi with cash out on my investment property or just refi it to bring my monthly payments down. Estimated value on my property is about 200k, 70k is what is owed. I can...

I am an wholesaler who recently had a double close. i would like to know the following?
-Are my proceeds subject to capital gains tax?
-If so, What portion of my proceeds will be subject to the capital gains tax?
...

Dear members, I need your advice. First, is it possible to combine my loans into one?  I have 3 Sf's with the highest interest rate at 6%.  I'd like to save on closing costs by refinancing into one big loan. Is this p...

Hi all,
This spring I'm going to buy my first home and I intend to rent a portion of the property out either as a separate unit or a bedroom with access to the rest of the house. Overall, my knowledge about how to be...

Hello from Chicago! How does the 1031 exchange apply to a multi-family unit in the case where 1 unit is rented and the other is a primary residence? I'm reading Garret Sutton's Loopholes book and it doesn't offer sugg...

Let's take an example. Let's say a trust deed backed note was issued in August 2005 in the amount of $44,500, with interest rate of 6%, and payments of $266.80 amortized over 30 years. Let's say you bought it in Septe...