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Hello, we have a rental house in CA that is completely paid off and we are seriously considering selling it to buy a beach house in Puerto Rico. My husband surfs and my family lives in FL. It seems tricky to time it ...
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Would any of you guys recommend installing solar panels to BRRRR? I would also include the electricity in the rent bill if the proper offset is there. Reason I ask is because I installed solar panels in my primary res...
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New IRS guidance and proposed regulations were issued yesterday for Opportunity Zones!I'm going to take a stab at summarizing some of the main elements of the proposed regulations given to us by the IRS yesterday. If ...
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What's the most cost-effective way to prepare taxes for a basic partnership? I started an LLC with 6 partners with the purpose of constructing a home and selling it in NY State. The LLC has incurred only expenses thu...
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Hi all, I’m new to real estate and am trying to develop a strategy to best achieve my desired result. I feel like the biggest detriment to my financial picture is paying almost 40% in taxes (single with no dependents)...
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The survival of one of the nation's largest non-bank mortgage servicing companies was thrown into question Thursday as the company was hit with federal and state lawsuits for allegedly failing borrowers with mistakes,...
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I'm about to buy a foreclosure for flip, and I'm given the option of going with the bank's title company with title insurance paid by them or securing my own title company at cost to me. Is there a compelling benefit ...
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Hi,
I've been pondering the current high interest rates and wondering if platforms like this or the marketplace offer avenues to secure a smaller mortgage, say in the range of $250,000 to $300,000, at more attractive...
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So it is understood that some properties will not BRRRR even if there is a higher equity position due to the rent not being able to cover the payments etc. on the news loan. There are some properties that could fit th...
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I have a rental that I lived in for two years. It has been a rental the last two years and I plan to sell it soon in order to take the capital gains tax exempt. However, I would like to keep it if possible. I have ...