Investment Info:
Single-family residence buy & hold investment in Eaton.
Purchase price: $64,000
Cash invested: $21,000
This home received just about everything plus some when we (my wife and I) ...
I'm curious to hear how these are set up in newer developments where city water and sewer are too far away. Sewers to me are a foreign concept as I've been fortunate to always be on city water and sewer. What would a ...
I'm probably the only person on here that has gone through this, but I don't know of another forum where I can discuss this. I rent out RVs that people live in. I've been doing it for over 3 years. So, eleven months a...
We recently got our primary home under contract to sell and will be moving into one of our rental properties that is owned by one of our real estate L.L.C.’s. We plan to live in this home for several years. I was wo...
My wife and I are looking to purchase a 2nd home to rent out with VRBO/Airbnb. We are working on finishing up the financing side of things but have a few questions when it come to tax, insurance and liability:-We are ...
Over the weekend I was working on my family's home and saw something that made me pause in the middle of pulling weeds. Saw a young guy walking around the neighborhood with a clipboard, looking at the homes and making...
I understand that if I do a cash-out refinance on an investment property (Property A), and use the extra funds as down-payment for my next property (Property B), then I can deduct the interest paid on the cashed-out f...
Long story short I just evicted a tenant that left a dog behind. The house is infested and the dog is gone. Pest control has been out 4 times so far in the past 4-5 weeks to spray. Fleas remain. We have vacuumed an...
I searched the forums and didn't come across any specific legitimate information on how to become a hard money lender in Canada.
If anyone could point in the right direction would be greatly appreciated.
I have been pondering this tax question for some time. Maybe you guys can help me out. If you own a property in an LLC and sell the underlying property who gets 1031 tax treatment. Do you have to purchase the new asse...