Hello! I am excited to join this forum and thank you in advance for reading my question...I currently own an investment property (a condo) in Seattle, which I have rented out for the past 9 years. I would like to se...
I recently purchased a property for which I will be utilizing as a short term rental year round. I am buying a substantial amount of furniture for the unit and I am wondering if all of these things (beds, sofas, TV, n...
I’m talking to a seller about purchasing his 26 unit 1/1 building. Sales prices is between1.8-2 million. The property is off market but he is interested in selling. His worry is capital gains. He as owned the propert...
I'm selling a flip for $230,000. I have some partners but the house is in my name. Upon sale of the house, should we each put one third of the 230,000 on our 1099s or should my partners just put the amounts they are e...
Scenario: I have house hacked a Full Duplex for 2 years (lived in unit A, rented out unit B). The Full Duplex has two tax IDs, one for each unit, so I can sell each unit separately. Let's say I now sell the rental uni...
I own a rental property. I am under contract to eventually sell an easement for a cell tower on a portion of the property and receive a lump sum. Just trying to find a way to reduce taxes on this unique situation. ...
Our Company normally buys distressed property to get cheap building lots which we keep to build our energy efficient rental units on. In our recent travels we came across a Distressed MHP (40 units) on 50 + acres. Man...
Hi everyone, First time real estate investor here. I am interested in investing in a property in Pennsylvania. I'm having trouble deciding on a good location to start out. I prefer to get into a multi-family rental pr...
Hello,I hope all is well with everyone!I am about to close on a 4b/2.5ba home and intend on bring in 2 roommates. My question is for those who are successfully hacking SFHs by renting out individual rooms. 1. Do you...
Hi everyone!I am a college student looking to do my first deal. I currently have a duplex that I like (cash flow around 200 a month after deducting 5% vacancy, insurance, taxes, and 15% of monthly estimated rent for C...