Tax season often leads to creative interpretations of what can be considered a deductible business expense. However, a recent case highlights the importance of thorough documentation and substantiation when claiming d...
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Hi, I have a self-directed IRA that I plan to use to purchase a fixer upper. I'm debating whether I should sell the house once flipped, or refinance once rehabbed and then rent it out. The question is, I can get a low...
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A good friend of mine is getting into wholesaling and is looking for some solid advice from those that are actively buying.
Here are a few questions...
1. Do you have any general or specific advice?
2. What is ...
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Has anybody transferred from a traditional IRA firm (Edward Jones, etc) to an reputable Investing IRA, where they will let you invest in rental properties, not just a primary residence? I’m looking to transfer my enti...
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I went down a rabbit hole after putting up a post about tax deductions for a SFH, and I realized that many of us have the wrong idea about house hacking and allowable deductions. This is simply a PSA on the misinforma...
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What does the law say about Service Dogs? Do owners and / or associations have to accept tenants who have them? I am in Miami, Florida.
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I'm considering selling my condo to a previous renter.Purchase Price - 380,000Down Payment - $15,000Senior Mortgage- 208,000 @ 3.5%Seller Carry Back - 157,000 @ 2.5%5-7 Year BalloonI approximate the current ARV on ...
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Hi there, I have a question. I am thinking in running a mail campaign to hit some deals off market. I never did one, but it is about time to try and see how it goes. I invest OOS, and I know I can outsource a Call cen...
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I had a seller in foreclosure reach out to me this past week. The property that they are needing to sell is going to be foreclosed on this Tuesday. Due to the title company needing more documentation from the courthou...
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Looking for advice. I’m about to close for a duplex. One tenant has a month to month contract, the other has a contrat until April 2022. I would like to renovate the 2 apartments ASAP. The tenant who’s staying until A...