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Here is my current situation. Currently live in and own a SFH w/ 2.5% rate. Building a new house that will be done around Nov '23 - Jan'24 and will be my new primary home. Expecting $80k-$100K income tax bill on my ac...
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I was learning the VA Loan Entitlement process and wanted to verify if this is correct or if there's gaps in my research that someone can address and add onto:
From my understanding, if a VA wanted to get a second lo...
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Hi everyone, I'm new here. I own a mobile home park (that is not in my 401k) and wanted to know if I could use my solo 401k in the following ways:1. Buy a mobile home from a tenant for small cash turn around and immed...
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I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
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Hi everyone,
Looking to connect with other prior service members in the Portland/SW WA area to potentially share investing strategies with VA Loans. Would love to hear your success stories below!
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Good day,Property background - home was a LTR for 2021 and 2022. In December of 2022, we started to convert it to a STR. In January of 2023, it became an STR. Big question - in my case, is a cost segregation study wor...
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Hi,
I've heard that real estate is a decent tax shelter because it allows for a lot a tax write-offs: mortgage interest deduction, building depreciation, deferring capital gains through 1031 exchanges etc.
I'm less...
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Hello,
I have been reading this site for quite some time and find it very interesting and informative, this is my first post. I have done a lot of research on real estate investing but would like to get others opi...
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Is there anyone who can help me understand how to leverage real estate investing being a military vet with 100% VA disability benifits?
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Over the past couple of years of being a BP member I have benefitted from reading other people's real estate stories so I thought that it was only right for me to share my story in order to possibly provide some benef...