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My first rehab is set to close in less than 3 weeks.. I rehabbed the house and all repairs and costs were done in 2012. My question is for my taxes, do I need to do anything with my remodel receipts or anything for 20...
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I apologize in advance if this topic is covered elsewhere... I've searched around and all I've found is a topic about purchasing a vacation home instead of an investment property. But here's my situation... I'm a 25 ...
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My last thread didn't get much traction so I thought I'd try this.With $1 million in cash to invest into real estate, what would you do?For example:1) One Big Multifamily with management2) A few smaller multi families...
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I own 10 properties in Southern California area. All my properties pay my mortgages on all homes and break even. In all my homes I have about 1.7 million equity. The problem is I can’t touch any of the equity. Recentl...
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Hey everyone, I own the remaindership interest in a single family home. The person who owns the life use is in a nursing home now and she is 85. The family asked me to buy her life use for $35k. I'm thinking no way. I...
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Hi All -
I am looking to buy a 3 flat and move into a unit for a year to be able to capitalize on favorable interest rates for a 'buy and hold' investment in Bucktown.
I ran the numbers on this property that I reall...
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So I sold a house for $250k and my tax guys says I will owe $20k in taxes. I am trying to do a 1031 exchange but would you buy a property that's not really a good deal to avoid the taxes. I have 2 duplexes lined up th...
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To Coin, or to Not to Coin. That is the Question
I am new to being a Landlord. I took Over a 7 unit building. All One bedroom units with no washer or dryer hookup. In the back of the building there is room to put...
Since I'm super new to REI I figured it would be a good idea to start going on Trulia, finding example properties and playing around with numbers in a spreadsheet so I could get some feedback from the community to see...
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Hello Everyone,I was hoping you all could take a look at this deal that I am looking at for a second time. We are not under contract and I want to make sure my math and my estimates make sense so I can go in with a st...