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I know that you may deduct mortgage interest paid back to a loan, so I'm curious to know is the interest paid back 100% deductible or only a portion?
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Hello all, I’m a newbie here. Looking for any ideas on primary residence & first investment properties around dallas-fort worth area 🙏. What does it take?
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $260,000
Cash invested: $56,000
This is our latest acquisition of a C-class, 10-unit, 7,000+sq. ft. mu...
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Hi everyone,
I have a question regarding doing a deal with 2 partners. Here's the scenario. 3 partners, equal shares, buying an investment property. All 3 will be on title, but the loan will only be under one person...
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Hello,
Okay, the post on commodity acquisition via jewelry was perhaps too much "reverse-logistics."
I'm looking at the tax assessor website to track properties and noticing folks do the following:
1. Purchase REO...
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The Duplex Advantage: Real Estate in Washington, D.C.
Investing in real estate can be a smart and rewarding financial decision, especially in a city like Washington, D.C. Among the various real estate asset cla...
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I would like to purchase my first investment property early next year. Targeting either a single family or small multifamily to implement the BRRRR strategy. After chatting with a friend (who is also my CPA), he ment...
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For those of you that have left W-2 job wondering at what point you felt comfortable doing that, was there a certain magic number you had to have, did you have a plan in place before leaving, did you ever look back, w...
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I just purchased my first investment as a house hack, with the intent of living there for a year or two, and I am seeking clarification on a few things relating to the accounting side of this. The property is a 3-unit...
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Hello everybody,
Hope all is well. I bought a condo last year on my personal name, did the work it needed & sold it later. To those who have done this before & have experience. What is the best & busines...