Account Closed
First time - Seeing if my analysis is correct
Just looking for feedback to make sure I’m not missing anything - I will be house hacking my first place by living on the top 2 floors and renting out the basement suite, these calculations are for after one year I’ll...
Matt N.
Cash Out Refi Tax Write Off
Question: I am taking out a cash out refi on my condo that I had originally paid in all cash. I've read that the interest from the cash out refi mortgage is NOT tax deductible UNLESS it is used for improvements for th...
Ashar Ali
Getting Married- Confused to Buy or Rent | Budget- $CAD1000
HiMy current rent is $650. It's a room in a 2 Bedroom house in Winnipeg, Canada.In 3 Months I'll be married and move to a separate house.Any decent 2 Bedroom house will cost CAD$1200/month including utilities (maybe m...
Cory Lucas
To Install Solar or Not to Install Solar, THAT is the question?
Getting ready to start on a new BRRRR and I'm getting things lined out. A goal of mine and a big passion is to have solar power on all of my properties, I've always been passionate about helping the planet and this is...
Dan Bee
The house next door
Hi BPers,There's a house my wife and I want to purchase. The house is located in L.A. and it's the house next door to my mother in law's house. This house next door is owned by a trust which includes my wife's mother ...
Matt Ward
1st Deal Help - South Atlanta Numbers
Hi,Been trying to learn as much as I can and run numbers and wanted help of some folks with local experience. Have been looking in Fayette, Coweta, Henry and Fulton counties and have found a couple deals that to me se...
Kyle Nacci
Should we sell or keep our duplex during our divorce
Hello,My wife and I co-own a duplex and are seeking a divorce. She would like us to each own one of the units rather than selling. Both of us are on the title, and it’s just me on the mortgage. She doesn’t have the in...
Don Nelson
50% Rule Expenses
So I'm estimating expenses and trying to figure out the 50% rule. I'm an experienced flipper, but moving to buy and hold. I understand the need for CAPEX reserves (5% of GOI) and property management (8% GOI), taxes,...
Brian Kolb
Utilities Land lording
Hello,I'm looking to buy my first rental property in Maryland. It is a duplex with one unit on the top floor and one unit on the bottom floor. I am planing on living in one unit and renting out the other. The units ar...
Julian Buick
Transferring to Roth
I've been using my SDIRA for private lending for a couple of years now with pretty good success. I was recently given an end date for my current job (I'm a contract engineer so it happens). This has got me thinking ab...