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I know the mortgage interest and any expenses associated with the rental property are tax deductible but, is the down payment of a rental property tax deductible?If I put $40,000 down on a rental property, can I deduc...
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I've got a multifamily building that is sitting at around $2m in capital gains. Is there a way to sell a property across two tax years instead of one? As an example, sell half in December 2024 and the other half in ...
Hey, I had a similar post in the past, but wanted to repost with a bit more focus on the area - So Miami/Broward County would be ideal.I would like to hear about what would be in your opinion the best way to capitaliz...
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Hey all, This is an introductory post. I’m Jeff, active military, as well as a husband and father. I’m looking to expand my SFH and Scale my portfolio throughout the remainder of my career to reach financial independe...
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Ok for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rental...
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Hey,I'm thinking of investing in Florida and I'm wondering if someone could help me figure out the pros and cons? I'm from Canada.
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HI everyone! I need help looking for some buildings in order to propel my business. What I'm looking for are specific traits for the building that might be a little hard to find. What I'm looking for is basically a...
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Hi, all. Someone I know is under contract on a property near the Beltline in West End. It's got 3 units with 3 addresses assigned by Zoning enforcement, although zoning still saying the use as a triplex is nonconfor...
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Hey all. I think I finally might have my first deal. I have been looking in the Rochester NY market for about a year now and have finally figured out that the MLS is not working for me. I found an off market deal and ...
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I'm looking at a 2 unit deal in Chicago (2 flat). It also has a basement that I'm told could be made into a 3rd unit. Does anyone in Chicago know the legalities around this? Is it possible to turn this 2 unit into a 3...