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My name is Aaron Foster. I live in Stafford, Texas which is a suburb of Houston. I have been a waiter by profession for about 8 years. Just a young single guy working and living with my roommate. I am not formally edu...
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If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
I'm developing a multi-family community from scratch, and hired a local civil engineer firm for site work (grading, erosion control, drainage plan, etc.) design. The design will be used to get city permits. It is expe...
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Pursuing a second home loan/ STR with family. My dad is retired and is willing to be a co-borrower on our loan in order to have enough purchasing power to qualify for the deal. That will likely be his only contributio...
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Hi all,Situation: finishing 100% short term rental on second structure on property of current home. Should rent for neighborhood of $200/night on average and is available 100% as soon as we finish, hopefully before ...
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I’m a little cloudy on the specific tax Benifits you get from owning rental real estate. So please correct me if I’m wrong....I bought a 4 plex this year with a VA loan, it’s considered my primary residence. I don’t m...
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I had my attorney create a revocable living trust for me several years ago for estate planning purposes. I use this same trust to hold my real estate syndication investments (again, for purposes of estate planning an...
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Just acquired a very underperforming self-storage facility in Los Angeles area. Rents are way below market. On average 40-50% below market. What's the best way to bring things up? All at once? In increments? And...
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Hello!I am a new Real Estate Investor searching for my first deal in Rhode Island. I am curious as to what strategies are working for investors who are able to find and buy cash flowing rental properties in the Rhode ...
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I have the possibility of investing in the development of two new homes (1 acre each) in my town. The neighborhood is exceptional and land purchase price will be lower than market, given personal contacts.
Th...