Hello BP, my father and I bought a property for 28,000 about 3 months ago. A family friend loaned us 33,000 to buy the house and a little extra for repairs. We put an additional 5,000 dollars of our own money into rep...
Hi,
(this is rather long. I numbered the questions, answer as much as you can. It will help a LOT!)
I am a newbie in real estate business and purchased a property in Philadelphia, PA last week. I wanted to leverage ...
I’m looking for an accountant to sep up LCC with reasonable price. Any recommendations ?
I've got 2 rentals and a primary residence and what feels like no way forward. Rental 1 is worth roughly $350k with $100k in equity and $30k depreciation recapture. Rental 1 rent is $1800 and mortgage $1600. Rental 2 ...
Hello everyone…I hope you all are doing well and staying safe from the COVID. It’s been a crazy time. I decided to post another update since it’s been a while since I’ve been active. Around 2 years, my wife and I deci...
Can I cost 4 single-family homes to create a paper loss that offsets $2M in capital gains from an apartment complex? Where can I find more info on this (besides go talk to a CPA)
***Not an Advertisement***There is a house in the Pittsburgh area that I have been looking at. It is priced around 10k, but the seller owes around $20k in taxes and the place needs at least that much in work. The com...
Hello! My name is George and I'm looking to learn more about the real estate market in and around Denver with a focus on finding a small multifamily property (3-4 units) to live in and rent out the other units for pas...
My husband works for a commercial developer (W-2) and is a small owner (K1) so our understanding is that he qualifies for REPS. We're looking at buying an STR to self-manage but with rates and prices where they are, t...
Hello everyone!
I'm currently a college student majoring in Finance and I was wanting to know your opinion on which states are the best to invest in real estate. I currently live in Illinois and I know the taxes her...