I no longer really want to do out-of-state SFRs so wanted to sell my Memphis house.
Spent about 9k on rehab from property management company, but didn't look good.Hired a realtor, he said I should spend another 16k o...
Hey all,First post, and I apologize in advance if I come off as a complete newbie, but I am so, here we go... I am about to embark on a mid-career shift to Multi Family real estate investing. Learing everything I can,...
What do people think of the tax plan, and specifically, how it may impact real estate investors?
I'm curious what others have to say about a property in Hoboken NJ which I have an exclusive offer to buy.
The guy's asking $2.1M for it. It's a 3800sqft building w/o rent control. It has 1800sqft of apartments which...
In MA, if I live in a house 2 of the past 5 years, I can sell it tax free.
I owned a house for 2 years 1 month.
Does the IRS check up on where you lived for that 2 years?
I actually lived there 2 years, but thr...
Hello,
Below is the proposed return for a syndication. The first chart shows the estimated return on a 100k investment where 100k becomes 193k
A couple of questions:
1. If a limited partner is in a tax bracket (ea...
One house, vacant for a good part of the year. (I'm guessing) my deduction would go further next year. Can I pay property taxes in January that are due now, then deduct them as well as next years that I will (plan to,...
I am currently working on a commercial deal and will be purchasing the property with a private loan from some local investors. They will hold a mortgage on the property, which will be amortized over 20 years, with a 5...
I think we have decided to start our REI journey with a STR! Just looking for any advice some may have. The whole banking process is going to be learning curve for us, but I read on another post that STR income would ...
I have a prospective home owner that refuses to sell because he doesn't want to deal with the Capital Gains tax. He said he is leaving it to his kids to deal with the taxes. What would you say to him to convince him t...