Hi everyone,
I am very new to real estate, in fact, I haven't even begun yet. I have been a BiggerPockets fan for years! I listen to the podcast and attend the weekly webinars in order to learn as much as possible.
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Hey guys,I'm still in the studying and research phase of learning real estate and right now and I'm kind of stuck on the business entities side of things. I have read several things that suggest treating your investme...
I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...
trying to find the answer but cannot find anything useful.... * I have a rental property that produces 7k rental income/yr.* I want buy a (vacation) rental property that will produce 9k of rental loss/yr.* our MAGI ex...
Hi all,
I am looking for some advice related to my first property which is a condo located in South Boston, MA that I purchased a little over two years ago. My girlfriend and I currently live in the condo. ...
Hello Everyone,I Just wanted to get some advise on a recent move that I did to see if it was a good move or not, and if it was not a good move, can you give please some advise for the future.In June, I bought my first...
I have a couple who have applied for one of my rental properties (3bed, 2bath sfh) through Cozy and claim they are self employed and make $80,000/mo each and they are willing to pay for an entire year worth of rent. T...
My first property is officially under contract. It's a small 2/1 here in the Upstate of South Carolina. The purchase price was $72k and I agreed to pay closing costs, which I assumed would be $3-4k... Boy was I wrong....
Can't sell our residence in MN and are forced to rent it. Cash flow is break-even or slightly negative if I rent it out. Can you help me understand the tax benefits?
Monthly outgo: $840 PITI + $110 Property Managemen...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...